COMMERCIAL REAL ESTATE SECTOR 2022

Dienas Bizness Publishing House in collaboration with CBRE Baltics and real estate market experts are holding the Commercial Real Estate Sector conference which will take place online on 1^st December 2021.

It is the second year of the pandemic, allowing us to draw valid short-term forecasts and the first long term conclusions.   Nobody is disputing 2022’s growth, but it promises to be uneven across the sectors.   Exports are rising at a record pace in many areas of manufacturing and services, while the hospitality sector continues to struggle.  Technological development and the pressures of e-commerce will continue to increase and their impact on logistics, retail, and the way we continue to adapt to “work, live and play” are profound.

As 2021 comes to a close, let us examine where public and private sector real estate policy makers see growth and opportunity in 2022 and beyond.  Real estate is not only about construction and rent proportion. It is, first and foremost, driven by country competitiveness, future perspectives and strong industries which create solid long-term occupiers.

Join us in exploring the commercial development landscape in Latvia!

_______________________________________________________________________________________________________

TIME: 1^st December 2021
PLACE: www.db.lv / konferences.db.lv / online
AIM: to focus attention on the real estate sector’s market situation, latest trends and future development.

TARGET AUDIENCE: Company managers, real estate developers, representatives from state and municipal institutions

WORKING LANGUAGE: Latvian and English (translation provided)

MODERATOR: Ansis Bogustovs

Event filming site – WHITE IMAGINE STUDIO, Rīga, Andrejostas 17.
Filming of the conference will take place in the presence of participants and technical personnel only.

______________________________________________________________________________________________________

PARTICIPATION FEE:
Participation fee per person: 120 EUR + VAT

CBRE Baltics corporate clients and members of Latvian Real Estate Association LANĪDA 15% discount: 102 EUR + VAT 

Subscribers of Dienas Bizness 30% discount: 84 EUR + VAT

_______________________________________________________________________________________________

More information:

Viktors Bukults
Project Manager
Dienas Bizness | Conference department
M. +371 29840080 | viktors.bukults@db.lv

 

 

 

9.00 – 9.05   Opening of the conference I ANSIS BOGUSTOVS, conference host

---

PART I | FUTURE POST — PANDEMIC OUTLOOK

---

9.05 – 9.25    Macroeconomic outlook. Growth facilitators and breakers in 2022

• DACE ZĪLE, Head of Analytical Service of the Ministry of Economics of the Republic of Latvia

 

9.25  – 10.10  Towards a multimodal future with rail as the backbone

Rail Baltica Central Hub in Riga:

• Works in progress
• spill-over effects on the country’s competitiveness and real estate development
• GIRTS, BRAMANS, Head of Strategic Stakeholders and Communications at RB Rail AS | Rail Baltica
• NEILS BALGALIS, city planner, “Grupa 93”
• INESE ANDERSONE, Director of Riga City Development Department

 

10.10 – 10.50  Emerging places for industrial and logistics real estate investors:

• Will Riga Port remain the largest port in the Baltics?
• Why investors invest in logistics assets that investors look at
• What could be the future growth of the sector
• Liepaja – a new jewel on the west coast. Recent success stories?

• HARIJS ŠVARCS, Director, SG Capital
• PĒTERIS SENKĀNS, Chairman of the Board, SIA “Piche”
• ARTŪRS ZANDERSONS, Project Manager of the Freeport of Riga Authority
• ULDIS HMIEĻVSKIS, Deputy Development Manager of Liepāja Special Economic Zone

Moderator: MĀRTIŅŠ VANAGS, Managing Director, The Alliance of Real Estate Developers

10.50 – 11:00  Coffee Break

________________________________________________________________________________________________________

                                                        PART II | TRENDS IN COMMERCIAL REAL ESTATE                                                               ________________________________________________________________________________________________________

 

11.00 – 11.25  Case study: Local landlord’s response to globally increasing occupier demands

• A journey to the multifunctional social hub and A class building.
• Talent attraction.
• Synergy with the knowledge miles.

KLĀVS VASKS, Business Owner, Mūkusala Business Centre

 

11.25  – 12.15  Baltic Office Occupier Survey and Outlook for Offices in Riga, Vilnius and Tallinn.  

Discussion: The post-pandemic multifunctional workplace. Landlord, tenant and employee perspective.

• AIVARAS ABROMAVIČIUS, Chairman of the Supervisory Board of JSC “PN Project”, Preses Nama Kvartāls project
• OĻEGS ŅIKITINS, workplace strategist, founder of Lietus
• REINIS LAUSKIS, Senior Consultant, CBRE Baltics

Moderator: MĀRTIŅŠ VANAGS, Managing Director, The Alliance of Real Estate Developers

 

 

12.15 – 13.00   Second year of the pandemic and life goes on despite the restrictions…, or does it?

• Investment intensive adjustments to changing consumer demands
• Lessons from the restrictions on physical retail spaces
• Opportunities born in pandemics

• IVETA PRIEDĪTE, Manager of “Galerija Centrs”, BH Galerija Centrs, SIA
• GUIDO WOLF, Director Group Development, “Zabolis Partners”
• DAINIUS LIULYS, Co-Founder & CEO of Pigu Group (Pigu.lt, 2020.lv, Kaup24.ee)
• Moderator: DIANA DROBNIENE, associate director for retail sector, CBRE Baltics

 

13.00 – 13.10  Coffee Break

 

13.10 – 14.00  Panel discussion: Changing urban landscape – warehousing and retail moving to the customer, closer than ever before.   

• JĀNIS RIMICĀNS, Country Manager, Bolt Market 
• EDGARS ZAĶIS, Owner and Executive Chef and “Grāpis” Ltd. restaurants
• DĀVIS ČĪMA, Regional Manager, “Cantus Group” restaurants

 

14.00 – 15.00   Investment market trends 2021-2022. Cap Rate Survey 2021: results and trends

• Investor risk appetite for the Baltics: what prevents newcomers from entering the market
• The main differences between the Baltic market and Scandinavia
• Has the pandemic era changed investor requirements?
• Mismatch in expectations of the sales price – what is the solution

• HENRIK CALTON, Head of Capital markets, CBRE Finland
• RAIT RIIM, Head of Real Estate Investments, LHV Pension Fund
• TARMO KAROTAM, Fund Manager, Baltic Horizon Fund at Northern Horizon Capital

Moderator: VINETA VIGUPE, Senior Director of Investment Properties at CBRE Baltics

 

15.00 – 15.05 Closing

 

---

Note: The organizers reserve the right to change the list of lecturers and topics if the need arises.

____________________________________________________________________________________________________________