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14 February 2012
Stockholm
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22 February 2012
London
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03-04 May 2012
Vienna, Austria
Baltics' retail returns seen still strong as locals fill funding gap
Despite the property market slide in Baltic nations due to the global economic crisis, strong returns can still be earned, particularly in retail assets, as local institutions move into funding gaps left by retreating foreign investors, says a local developer. "The partnership of businesses well familiar with the specific conditions for retail in the Baltic states ensures that investments can continue in this region despite the challenges felt by others," says Guido Wolf, development director at Zabolis Partners, based in the Lithuanian capital of Vilnius.