The Central Bank of Latvia hosted an Issuers' Breakfast titled “Capital Meets Property”, bringing together real estate, capital market and investment stakeholders to discuss real estate financing and investment in Latvia and across the Baltic, Central European and Eastern European regions. The agenda focused on how the macroeconomic environment is affecting real estate and on how capital market instruments, particularly real estate investment trusts (REITs), could support sustainable growth and investment attraction. The event was opened by Deputy Governor Santa Purgaile and the European Bank for Reconstruction and Development’s Head of Baltic States, Tomas Kairys. Panel discussions covered financing conditions in residential and commercial property, including the potential use of REITs, covered bonds and green bonds to support building energy efficiency, and shared regional examples of best practice. In the closing discussion, participants highlighted the potential value of considering a Latvian REIT regime to attract local institutional capital, provide greater clarity for international investors and encourage more active pension fund investment in Latvian real estate, noting that 14 European countries have already adopted REIT regulation.

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