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Review of RE market 1st quarter of 2012 (Summary)

2012-04-27

Data from Inreal's experts' survey of the real estate market for the first quarter of 2012 indicate that all segments of the market grew, and the prognoses remain positive. Growth in industry further increased demand for storage and logistics services; in Vilnius, the price of leasing this type of building increased by 5-10 per cent. In the first quarter of 2012, the number of real estate sale-purchase contracts concluded was 10.8 per cent higher than the same quarter of 2011. We also saw more real estate developers entering the market: the supply of apartments in the capital is likely to exceed 3000 by the end of the year. In the business centre sector, the capital city led; active migration of tenants from A and B2 to B1 class offices was observed. The level of vacancies in the shopping segment remained low.


REVIEW OF RE MARKET 1rd QUARTER OF 2012 (SUMMARY) (pdf)
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