According to Eften Eften United Property Fund, the real estate market of the Baltic countries in 2024 demonstrated the first signs of recovery, and many sellers of commercial real estate revised their price
expectations to decline. :format(webp)/nginx/o/2023/01/26/15102211t1h0f60.jpg)
General Director Eften Capital Christian Tamla. Photo: Konstantin Sednev
According to Data Eften United Property Fund, the real estate market in the Baltics in 2024 year demonstrated first signs of recovery, and many sellers of commercial real estate revised
their price expectations downward.
In addition, the reduction in the Euribor rate that began in the second half of the year, reduced spending on credit for real estate owners and increased deal activity in the real estate market, noted Eften Capital Christian Tamla.
For Eften United Property Fund this created excellent opportunities for investing free funds. In August in the Fund’s portfolio was added a trade park UNA in Vilnius, and in December a trade center Kristiine in Tallinn, was the largest deal with commercial real estate intheBalticslastyear.
