SOLID APPROACH TO REAL ESTATE MARKET IN 2018
We would like to invite you to take a look at our latest Lithuanian commercial RE market overview in 2018.
Our team is pleased to see all the positive changes in the market. The macroeconomic indicators are demonstrating positive dynamics boosting up the overall economic growth. Furthermore, the market seems to be entering a higher level of professionalism along with reliable relationships among market players.
The current market situation resembles a mechanism of interdependent gears functioning well when all major RE sectors and their environment (macro-economy, finance, legislation) are developing at the same time, each influencing the other. This type of growth seems to be well-balanced and directly linked to the market needs, avoiding oversupply or underestimation of market conditions.
Looking at current market conjuncture, there are no indications of possible recession. The lessons were learnt and the market is developing in a professional manner: market players (developers, decisions responsibly and assessing the implementation of every step.