CBRE Baltics

🏗️ Baltic I&L Market Q3 2024 🏗️ In Q3 2024, the Baltic region saw an addition of 12 projects, totaling 99,000 sqm across Vilnius, Kaunas, Klaipėda, Riga, and Tallinn. With vacancy rates rising, tenants are gaining leverage—curious about what this means for the market? https://cbre.co/4hpHehi

Discover the direction of #luxury real estate with the CBRE Luxury Real Estate 2024 report. As the continued growth of high-net-worth individuals stimulates demand, luxury brands are finding new ways to elevate their customer experience. From iconic cities to emerging hubs, learn how the real estate that underpins luxury is evolving. https://cbre.co/4e6OrAf #LuxuryRealEstate

In the recent commentary to Delfi Latvia, Investment Properties Associate director Mārtiņš Grīnbergs argues that the increasing demand for #storage spaces is being driven by the reduction in #living space in newly constructed apartments. Access full article here https://cbre.co/3A7yZG1 for more insights.

👉 100 m Eur in Q3 2024 👉 7% decrease Q3'24 compared to Q3'23 👉 49% year-to-date growth from 2023 to 2024, mainly driven by several larger transactions at the beginning of the year Too many numbers? Check out our latest Baltic Investment Figures report for clear and concise insights: https://cbre.co/3UeAcSU

🥳 We are #PROUD to share, that on EuropaProperty CRE Awards, CBRE was honored with 'Agency of the Year' and 'Property Management Firm of the Year' titles. Both are true compliments, as this award recognises the best performing companies in the #CEE region.

What’s driving Q3 2024 Baltic #office growth? 🌍 The freshly-released Figures report overviews key office supply, demand, vacancy, and rental developments. ➡️ #Vilnius leads in new supply, with an additional 165,000 sqm under development. ➡️ #Riga remains focused on future growth, with 25,000 sqm currently under construction. ➡️ #Tallinn completed 9,000 sqm, with 145,000 sqm still in the construction pipeline. Demand remains steady across the region, with vacancy rates adjusting slightly. Rents have largely stabilized across the region. Access full report for detailed insights here: https://cbre.co/4f5yn2r. #Office #Baltics #RealEstate

By 2026, more than 250,000 sqm of new #office space are planned to be available in Vilnius. This represents slightly more than a fifth of the current total area of modern offices in the city. Currently, more than 160,000 sqm of office space are under construction. Based on this, the capital of Lithuania is considered one of the fastest-growing office markets in the #CEE region. According to our projections, the vacancy rate in Vilnius office market is expected to climb over 10% in 2025. For the full insights shared by Ieva Vitaitytė, please refer to the recent Verslo žinios article: https://cbre.co/485sDmZ

Our 2024 European Self Storage Report underscores a notable shift towards technology and sustainability, with 69% of operators planning to integrate AI in their operations by 2024. As we embrace these advancements, we aim to enhance security and customer experience. Learn more about the future of self storage https://cbre.co/3Y46PDA. #Innovation #SelfStorage #FEDESSA2024

Did you know that optimising your Building Management System (BMS) and fine-tuning your HVAC systems can lead to significant energy savings? 🌬️🔋 With read-only access to the BMS, we can accurately determine the savings from these simple but effective interventions. Logistics occupiers should implement these measures first, then assess any remaining gaps before considering further investments. #BuildingManagement #HVACOptimisation #EnergyEfficiency #SustainableSolutions #WGBW

Did you know that optimising your Building Management System (BMS) and fine-tuning your HVAC systems can save energy significantly? 🌬️🔋 One key step is reviewing conditioning set points, including heating and cooling temperatures both during and outside working hours. 🌡️ With read-only access to the BMS, we can accurately determine the savings from these simple but effective interventions. These measures can result in savings in #office buildings without compromising comfort levels. #EnergyEfficiency #SustainableSolutions #WGBW