OFFPLAN NEWS
(21.06.2007 )
Estonian property Estonia Tallinn the most developed property market
Tallinn has the most developed Estonia property market in the Baltics - this is a one of the findings of a recent study on the property market in the Baltic countries. The study conducted by Re&Solution, PricewaterhouseCoopers and Lawin provides an overview of the economic and social situation in all three countries. According to real estate consultant Re&Solution, the study can be considered the most extensive property comparison of the three Baltic states to date as a wide range of experts from all three countries worked together in the development process – property specialists, lawyers and tax specialists.
Raitis Nespors, managing director of Re&Solution Latvia, pointed out that international retailers entering the market prefer Tallinn over the other Baltic capitals. Nespors predicts that the retail property market will develop through expansion of existing shopping centers where possible and further strengthening of their tenant mix.
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