Parallel Session:

Tema: The Nordic Property Market
EU ambitions setting the pace for the Baltic property markets
– Analysis of the present situation and the most important trends

Estonia's Ministry of Finance has raised its forecast for Estonian growth to 4% for 2011. Prospects for Estonia have been upgraded in line with the recovery, but also due to the healthy state of the country's national finances and the transition to the Euro in January this year. Latvia and Lithuania are continuing to work towards EMU membership, having deferred it to 2014, which means that the Maastricht criteria have to be met in 2012. However, at the same time there are worrying signs in terms of inflation. The property market in the Baltic States is strongly dependent on growth in other EU countries. What have developments been like in 2011 and what are the forecasts for 2012? Is it still possible to find objects at good prices following the crisis?

Chairman: Mr Joakim Ollén, Managing Director Kunskapsporten

Programme and themes:

• Developments in the Transaction and Rental Markets
• What transactions have characterised the market in the past year?
• National and international investors give their view of the market
• Open discussion on opportunities and risks

Participating speakers:
Mr Madis Raidma, CEO, East Capital Real Estate AS
Mr Zigmunds Pavlovskis, Manager of Baltikum, Ektornet
Mr Sigitas Jautakis, Head of Property Managament, Newsec Baltics
Mrs Neringa Rastenyté, Transaction Manager, Newsec Baltics
Mr Margus Tinno, Head of Capital Advisory and Valuation, Colliers International Tallinn
Mr Tambet Tiits, Managing Director, DTZ Baltics

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