About the conference

REAL ESTATE’S CONTINUING RESILIENCE.
What’s behind it and where’s it going?

The real estate market is facing significant changes, affected by rising construction costs, economic turbulence, regional geopolitical risks, etc. Availability and cost of financing also play an important role in shaping the commercial real estate outlook. The global pandemic has additionally accelerated changes in consumer behavior, which will impact the real estate market.

In recent years, Europe has witnessed dramatic growth in multi-family housing investment. This is driven by a rise in international capital and a changing capital base. Multi-family housing is now the largest asset class in the European real estate investment market, confirming the noise coming out of the listed sector and proving that investors are increasingly seeing multi-family as a safer bet.  From a geographical point of view, it seems that investors are increasingly focused on core markets. However, higher yields may attract more and more investors to the Baltic region.

With a lack of residential supply, which does not correspond to the peaking demand, prices in the Baltics have skyrocketed. Other factors have also influenced growth, including but not limited to, delayed construction permits, new infrastructure costs, increasing purchasing power, the attractive debt financing environment, and price speculation in the market. Demand for housing in the primary market is so high that developers are no longer able to meet it. There is evidence of acquisition from plans prior to the practical completion of buildings, as well as switching demand, even for secondary locations. With rent growth lagging behind inflation rates, the residential rental market is expected to show significant gains soon. More and more developers and investors are considering co-living and micro-living concepts in the Baltic region, as well.

Hotels have also been a widely discussed asset class. While tourism was highly affected by the pandemic, the sector’s recovery positively correlated with the ease of restrictions. Therefore, investment in hotel development was quite active.

 

Dienas Bizness Publishing House in collaboration with CBRE Baltics and real estate market experts are holding the real estate sector conference which will take place in Business Garden Riga on 15th September, 2022 to discuss the current situation in the industry, perspectives for 2023, and the challenges in the Baltic real estate market. The core focus of the conference will be placed on Riga city development and its potential, as well as residential and hospitality sectors in Baltics.

Reserve your place to guarantee in-person attendance and networking in the business centre (pre-booked meeting rooms will be available during the conference).
The conference will be also broadcasted online.

Target audience: real estate developers and representatives from the industry, business managers, as well as representatives and executives from construction, municipalities, and state institutions.

Time and venue: 15th September 2022 | Business Garden Riga, 2 Malduguņu Street, Marupe
Conference languages: English and Latvian

 

PARTICIPATION:
Early bird until 15th July 2022

A single ticket : EUR 210 + VAT
30% discount for CBRE corporate clients and partners, Dienas Bizness subscribers: EUR 147 + VAT

Early bird until 15th August 2022
A single ticket : EUR 280 + VAT
30% discount for CBRE corporate clients and partners, Dienas Bizness subscribers: EUR 196 + VAT

Regular price:
A single ticket : EUR 360 + VAT
30% discount for CBRE corporate clients and partners, Dienas Bizness subscribers: EUR 252 + VAT

Please book your seat here!

 

More about the event:
Santa Butane
+37126132470
santa.butane@db.lv

Partners

Programme

8:30 – 9:00   Registration

9:00 – 9:10   Welcoming words

PART I  |  MARKET POTENTIAL FOR RIGA AND THE RIGA METRO AREA

9:10 – 9:30   Rethinking Economic Fundamentals in the Changing World
JOS TROMP, Head of Research Continental Europe & Head of Data Intelligence Continental Europe, CBRE

9:30 – 9:50   Real Estate Market Development Opportunities in Riga and the Riga Metro Area – Which Sectors and Locations Should we Look at?
Real estate market overview with a focus on new project developments
ROBERTS ARDAVS, Head of Valuation and Research CBRE Baltics

9:50 – 10:10   To be confirmed
Speaker to be confirmed

10:10 – 10:30   Coffee break

10:30 – 11:10   Panel discussion.  Historical City Centre Development of Riga.

  • The new historical city centre zoning plan, including public transport development – will it benefit investors and developers and when?
  • The Riga Development Plan 2027 plans investment in tourism programs;
  • How Riga and other CEE cities see city development in terms of strategic planning, designated locations for office developments, public transport, private transport infrastructure, park ‘n’ ride, education & science

Moderator: FREDIS BIKOVS, Managing Director of Live Riga
Participants:

  • JAKUB MAZUR, President of METREX, First Deputy Mayor of Wroclaw, Poland (to be confirmed);
  • JURIS PĒTERSONS, Investor Relationship Manager, Riga Port City;
  • ANDIS KUBLAČOVS, Project Director, Linstow;
  • Representative of Riga City Development Department (to be confirmed)

11:10 – 11:30   RIX AIRPORT CITY, a key aspect of the Runway 2027 strategy
ARTŪRS SAVEĻJEVS, Member of the Board of Riga Airport

11.30 – 12.10   Panel discussion. Impact of Transit Proximity to Real Estate

Moderator: ADAM CAPLAN, Director Strategic Advisory at CBRE
Panel participants: to be confirmed

12.10 – 12.50   Lunch break

PART II   |   RESIDENTIAL AND HOSPITALITY SECTORS IN THE BALTICS

12.50 –  13.30   Panel discussion. Private Student Accommodation – Takeaways from Experience and Recommendations from the student destinations in the Baltics
Moderator: to be confirmed
Panel participants: 

  • HENRIK VELDI, 1home.eu (to be confirmed);
  • MATAS MOCKELJŪNAS, Fund Partner at 1AM;
  • Representative of Riga Stradins University (to be confirmed);
  • Representative  of University of Tartu (to be confirmed)

13:30 – 13:50   To be confirmed
Speaker to be confirmed

13:50 – 14:30   Panel discussion. Residential Rental

  • Demand vs Supply (evaluation on a Pan-Baltic level, war related impact, Riga vs Tallinn vs Vilnius);
  • Affordability (construction cost vs rent rate);
  • Expectations vs Reality;
  • Residential rental community management

Moderator: MĀRTIŅŠ GRĪNBERGS, Senior Real Estate Advisor at CBRE Baltics
Participants:

  • VIKTORIJA ORKINE, CEO of EIKA;
  • MIKUS FREIMANIS, Member of the Board atMERKS;
  • NIKOLAY KRYZHANOVSKIY, CFO at Novira

14:30 – 14:50   To be confirmed
Speaker to be confirmed

14:50 – 15:10   Coffee break

15:10 – 15:40   Panel discussion. Forward Financing in CRE: risks and benefits
Moderator: to be confirmed
Participants:

  • MAIDO LUISTE, Managing Director at Scandium;
  • TARMO KAROTAM, Fund Manager and Chairman of the Management Board at Baltic Horizon

15:40 – 16:10   Panel discussion. Hotel Industry Challenges and Opportunities
Moderator: KIMMO VIRTANEN, Director – Scandinavia, Russia & the Baltic States at Christie & Co
Participants:

  • INGA KORNELIUSA, Area Director of Sales, Eastern Europe, Radisson Hotels Group;
  • VALDIS VANADZIŅŠ, General Manager at Pullman Riga, Member of the Board at Latvian Hotel & Restaurant Association

16:10 – 16:15   Closing remarks

From 16:10   Networking and drinks

Registration














    Business weekly Dienas Biznessdb.lvSales person offerInformative emailSocial mediaNewspaper Dienadiena.lvOther
    :

    *The information included in this application won't be given to third persons!

    * I agree that my personal data is collected in "Dienas Bizness " subscription system (registration Nr. 011091), and can also be used to carry out market research and information about the company's services.

    * By pressing the button "Send", you confirm that the information you have provided in the application form is correct and true.