Gain is tipping Baltics to outperform UK and Europe over next two years

Baltic property markets could outperform the UK and Europe by more than 15% over the next two years,...

Baltic property markets could outperform the UK and Europe by more than 15% over the next two years, according to Stellar Asset Management. Chief executive Jonathan Gain said more bullish predictions put potential growth as high as 30% but the group feels 15% is a comfortable estimate. The specialist asset manager, which has a Baltic property offering, said Lithuania, Latvia and Estonia are currently achieving some of the highest GDP growth rates in Europe. Demand for office space in the region is driven by the burgeoning financial, banking and IT sectors, with restricted supply and c...