How Baltic banks control real estate

  • 2012-02-15
  • By Antra Feldmane
RIGA - Decent real estate management solutions in Riga are necessary. There’s loads of work to do since last year’s market decrease and the problems caused by low purchasing power.Indeed, a large part of this work is being made by banking sector subcontractors such as Latectus for SEB Bank or Ektornet for Swedbank. Experts from these companies remain negative about unsolved legal issues and the frozen market in general. They also mention that purchasing is more gainful than just offering renting space to those who are not able to buy a property.The year 2011 seems to ...
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