Colliers Baltics Real Estate Market overview – 2026

Commercial Real Estate Overview 2026 by Colliers Baltics in cooperation with Swedbank and Cobalt Baltic, reflects a year of gradual stabilisation and strategic recalibration across the Baltic property markets. After a period shaped by inflation, elevated financing costs, and cautious investor sentiment, 2025 showed clear signs of improving momentum and renewed confidence.

Across office, retail, industrial and investment sectors, selectivity remains the defining theme. Prime high-quality assets continue to attract demand, while secondary properties face increasing pressure to meet evolving sustainability and flexibility standards.

Investment activity remains measured but increasingly constructive, with market participants reassessing risk and exploring alternative deal structures. Gradually improving macroeconomic conditions and financing stability are supporting a cautious return of cross-border capital.

The Baltic region’s transparency, resilience and adaptability continue to underpin its attractiveness. While challenges remain, the outlook for 2026 is cautiously optimistic, with strengthening fundamentals and opportunities emerging for well-positioned, future-ready assets.

Read more: https://www.colliers.com/lv-lv/research/annual-report-2026.