Favorte Real Estate Development Fund’s partner Riho Unt and real estate developer Favorte’s Sales Manager Tarmo Rammo appeared on Äripäev’s radio program “Kõik ärikinnisvarast” (“Everything about Commercial Real Estate”) and talked about what the commercial real estate market is like in Estonia and in the Baltics.

FRED fund’s partner Riho Unt had the honour to speak at CBRE Baltics’s conference BALTIC RETAIL SYMPOSIUM 2023. Here’s the summary of his performance.

2022 in real estate was full of unexpected changes. None of the fundamentals such as cost of capital, capital availability, vacancy levels, transaction activity, and rental rates were left unaffected. However, 2022 was a record-breaking year for stock-office type of premises, a sub-segment of the industrial & logistics.

More than 50% of stock-office premise tenants are engaged in trading (retail or wholesale). Therefore, we had a closer look at the segment’s recent developments in Estonia as the hotspot of the stock-office segment.

Have you ever wondered if moving your business to a green and energy efficient commercial building is worth your time and hustle? Our fund’s partner Riho Unt gives insight on the topic, including real figures.

European e-commerce experienced a double-digit growth in B2C turnover in 2021 reveals a report based on 37 countries in Europe. Although Covid-19 pandemic measures were lifted and the United Kingdom left the EU single market, e-commerce turnover grew at a rate of 16% in 2021.

The number of internet users and e-shoppers is the driving force for e-commerce, that in turn increases the need for last-mile delivery & co-working concept buildings.

Founded in 1993, the Estonian-capital based real estate developer Favorte is launching a new real estate fund specialising in multifunctional stock-office type commercial property. The fund’s partners are Rainer Hinno, founder and owner of Favorte, and Riho Unt, former head of SEB Baltics.