NLCC Bronze Member – CBRE Baltics – has recently published Vilnius Offices Marketview Q3 2017.
Some key points:
- With seven new deliveries, modern office stock in Vilnius currently stands at 627,446 sq m or 7.2% more than a year ago.
- New supply of modern office stock is expected to reach a record 89,410 sq m in 2017.
- High demand has been in line with a high level of supply, which has led to a stable vacancy rate of 4.8%.
- Rent prices remain stable. Prime A class office rents are currently at 14 – 16.5 EUR and B class at 9 – 13.5 EUR.
To read the full report, please click here