Giedrius Dzenkauskas at the "CORE" conference: real estate market trends and financing
The "CORE" Conference, held on February 5 for the 13th time, brought together a broad community of real estate professionals, including business representatives, architects, urban planners, investors, public sector experts, economists, and legal professionals. This annual event serves as a platform for sharing the latest real estate insights and experiences.
Our colleague Giedrius Dzenkauskas, Head of Sales at “OP Corporate Bank” , participated in a discussion on real estate market financing and the key criteria for becoming a banking customer.
"The real estate market is once again showing signs of recovery, developers are becoming more confident in investing, and sustainable projects are gaining even more attention," noted Giedrius. Together with industry leaders, he discussed real estate market trends, financing prospects, risk management, and the green transition.
Key takeaways from the discussion:
- Financing is available across all major real estate segments, including office spaces, residential housing, logistics centres, warehouses, and infrastructure.
- Energy-efficient, certified buildings with high energy performance are easier to finance.
- Public-private partnerships and infrastructure projects related to national defence are becoming increasingly prioritized.
- Office space vacancies are expected to rise in the future. Banks will find office buildings more attractive if they are in prime locations, have predictable rental income, and maintain a sustainable tenant structure.
Real estate is a capital-intensive sector that requires a long-term approach. As a result, sustainability commitments are playing a growing role in financing decisions. “OP Financial Group” is committed to ensuring that its loan portfolio and managed investment funds achieve carbon neutrality by 2050.
Videos of presentations and discussions are available here.