Publishing house “Dienas Bizness” in cooperation with “BTA Baltic Insurance Company” and SIA “Vastint Latvia” organizes a conference “Real Estate Market Trends in Latvia”.
Trends in real estate market activity have changed and are influenced by various factors, such as the restrictions caused by the pandemic and its consequences, the availability of financing, the demographic aspect, the economic situation in the country as well as political decisions.
How all this affects the demand and supply of real estate and what is the situation in the market we will discuss it during the conference.
OBJECTIVE: To draw attention to the real estate market situation, the latest trends, and future developments
TARGET AUDIENCE: Business leaders, real estate developers, representatives of state and municipal institutions
MODERATOR: Oskars Priede
PARTICIPATION FEE ONSITE (In Latvian):
One person: EUR 180 + VAT
“Diena Bizness” subscribers 15% discount: EUR 153 + VAT
PARTICIPATION FEE ONLINE (In Latvian and English):
One connection: EUR 150 + VAT
“Diena Bizness” subscribers 15% discount: EUR 127.50 + VAT
More information:
Antra Radziņa | Project Manager
Dienas Bizness | Conference Department
Phone +371 67063120 | Mob. +371 29122485, antra.radzina@db.lv
Programme has been developed in cooperation with CBRE Baltics | Online conference supported by VAS “Valsts nekustamie īpašumi”
9:15 – 9:25 AM Joining the online conference
9:25 – 9:30 AM Opening of the conference
THE REAL ESTATE MARKET – BALTIC STATES, RIGA AND REGIONS
9:30 – 9:50 AM Baltic Commercial Property Market Overview
Roberts Ardavs, Head of Valuation and Advisory, CBRE Baltics
9:50 – 10:05 AM Strategic planning of Riga development: AP 2027 focus points for the future
Guntars Ruskuls, Head of RD Strategic Management
10:05 – 10:50 AM Discussion: How can we help the public sector to develop successful real estate projects in Riga?
Discussion moderator: Viesturs Celmiņš, anthropologist, urban development expert
Participants:
10:50 – 11:10 AM Coffee break
11:10 – 11:25 AM Real estate market development trends in the regions. Case study
Jānis Palkavnieks, spokesman at Draugiem Group
11:25 AM –12:10 PM Discussion: How can we promote the development of Latvian regions?
Why is there little real estate investment outside of Riga?
Internal migration of population and talent – what is happening outside of Riga?
Success stories – are there any, and are we able to tell them?
How can the state and local government promote real estate investment?
Discussion moderator: Andra Feldmane, adviser on entrepreneurship at The Latvian Association of Local and Regional Governments (LALRG)
Participants:
THE CHANGING ROLE OF OFFICES
12:10 – 12:25 PM Changing trends in office use
Ieva Tetere, President of SEB banka
12:25–1:10 PM Discussion: What are the prospects for future office development?
What are the benefits and risks of traditional, co-working and flexible offices?
Remote work and technological development – will the trend continue?
What type of quality in facilities, areas and infrastructure will employees need in future office projects?
Discussion moderator: Oskars Priede
Participants:
1:10 – 2:00 PM Lunch break
INVESTMENTS
2 –2:15 PM Real estate as an investment project in insurance
Pavel Maksimov, Director of the BTA Finance Department
2:15 – 3 PM Discussion: What sets developer priorities for new investment projects?
How are trade and other real estate sectors developing in Riga?
Riga has the largest increase in retail space in the Baltics – what is driving it?
The opposite can be observed in the apartment housing market – is it due to a lack of modern rental laws or is it more than that?
The slow filling of office spaces in recent years – insufficient projects or low tenant activity?
Discussion moderator: Mārtiņš Vanags, Chairman of The Board at The Alliance of Real Estate Developers (NĪAA)
Participants:
3 – 3:45 PM Discussion: Investments in real estate. What are the future opportunities and challenges in the Latvian context?
How will the new reality affect the recovery of the investment market? What will be the new “prime”?
Which sectors will offer opportunities for risk-orientated investors?
Improving the investment environment in Latvia – what are the cadastral value, real estate tax reform and other legislative issues that reduce Latvia’s competitiveness?
What are the challenges of (in)access to real estate funding sources?
Discussion moderator: Vineta Vigupe, Senior Director of Investment Department at CBRE Baltics
Participants:
3.45 PM Closing remarks
The event will be photographed for publicity.
Note: The organizers reserve the right to change the list of lecturers and topics if the need arises.
