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Improving traffic in rental market

Feb 02, 2012
By Antra Feldmane

GOING UP: With a shortage of quality rental flats, real estate brokers talk of increasing rent levels.
RIGA - The real estate market in Riga, when considering renting space, has stabilized. This comes after a rebound last year from slow activity in 2010. The most important issues, say experts, now are a shortage for good quality rental apartaments, and that tenants face a rental price increase. The demand for apartments has put pressure on rents, as there is not enough easily accessible space to met demand. Evita Zamberga-Zakalovska, marketing manager at Ober Haus, says that  &ldquo ...

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