ALL REAL ESTATE SERVICES
R E S I D E N T I A L R E A L E S T AT E V A L U AT I O N C O M M E R C I A L R E A L E S T AT E R E S E A R C H A N D A N A LY S I S PROPERTY MANAGEMENT
Valuation
Residential Real Estate
Commercial Real Estate
Research and Analysis
Property Management
Comprehensive knowledge of the local markets and experience in the field of real estate are at the core of the services provided by Ober-Haus. Ober-Haus aims for long-term partnership between the company and its customers and for professional principles as the norm of the market. In doing so, the company builds strong ties with the public, business community, and government agencies, and sets new standards for the local market. This requires from Ober-Haus not only to expand the geographical boundaries of its activities, but also to continue maintaining and improving the quality of its services.
ALL REAL ESTATE SERVICES
90%
of customers would choose cooperation with Ober-Haus again.
2
Valuation
Residential Real Estate
3M€
1M€
„Ober-Haus“ turnover 2011 - 2015 2012
2013
2014
Research and Analysis
Property Management
Ober-Haus has 10 offices in Lithuania (Vilnius, Kaunas, Klaipėda, Palanga, Šiauliai, Panevėžys and Druskininkai) and over 110 real estate experts. Ober-Haus is the leader in terms of the annual number of real estate operations. Major local and foreign companies, mediumsized and smaller companies, investment funds and private investors trust the quality of Ober-Haus services.
2M€
2011
Commercial Real Estate
2015
A TEAM OF INDEPENDENT EXPERTS PROVIDE ALL REAL ESTATE SERVICES: • mediation in letting, selling and purchasing commercial and residential real estate; • valuation of movable and immovable property; • business valuation; • integrated real estate and investment consulting; • mediation in mid-sized and large real estate investment transactions; • real estate project conceptualisation and implementation; • court expert services; • market research and analysis.
Remigijus Pleteras
Ober-Haus Lithuania General Manager
3
Valuation
Residential Real Estate
Commercial Real Estate
Research and Analysis
Property Management
Professional property valuation is particularly important for property owners, buyers, banks, leasing companies, financial institutions, and investors in buying a home, concluding a loan agreement, looking for investment opportunities, preparing financial statements, determining the amount of rent, and settling a civil dispute. Ober-Haus Valuation Department provides licensed movable and immovable property and business valuation services throughout Lithuania. We are the largest property valuation company in the country both in terms of the number of valuers and the scope of operations.
PROPERTY AND BUSINESS VALUATION
100%
OBER-HAUS PROPERTY VALUATIONS ARE ACCEPTED BY ALL COUNTRY’S BANKS AND FINANCIAL INSTITUTIONS
4
Valuation
Residential Real Estate
Commercial Real Estate
Property Management
Research and Analysis
WE PROVIDE VALUATIONS OF THE FOLLOWING: apartments, houses, gardens, land plots
apartments, lofts, farmhouses
Accomodation
facilities, equipment, inventory
Moveable property
industrial production lines means of transport, etc.
commercial premises, forests
Real Estate
logistics, business and other centres public objects, parcels of land
Business
shares, intangible assets, trademarks
rights of claim, etc.
OUR VALUATION SERVICES INCLUDE • Valuation of all types and sizes of movable and immovable property throughout Lithuania; • Business valuation (valuation of shares and intangible assets); • Valuation of property and other property rights (lease rights, right of superficies, etc.); • Expert valuations for bailiffs and courts (the company employs experts recognised by the courts); • Feasibility studies and business plans; • Due diligence, etc.
Saulius Vagonis
Head of Valuation & Analysis
5
Valuation
Residential Real Estate
Commercial Real Estate
Property Management
Research and Analysis
5000!
Valuated property and business value: > 1 000 000 000 â‚Ź
15 year experience
5000 valuations per year
PROPERTY AND BUSINESS VALUATION
Ober-Haus valuers offer their services to property owners, buyers, tenants, investors, and financiers. Professionals of our company together with their counterparts in neighbouring countries carry out valuation of property portfolios in Lithuania, Latvia, and Estonia. Experience of our valuers, knowledge of local markets, and strict observation of professional standards allow us to carry out high quality valuation.
6
Valuation
Residential Real Estate
Commercial Real Estate
Property Management
Research and Analysis
OVER 40 EMPLOYEES OF THE VALUATION DEPARTMENT IN SIX CITIES
VILNIUS
KAUNAS
KLAIPĖDA
ŠIAULIAI
PANEVĖŽYS
PALANGA
STRENGTHS AND ADVANTAGES OF OBER-HAUS VALUATION DEPARTMENT: • many years of experience in the local market. We have carried out property valuation in Lithuania since 1998; • broad geographical coverage. We have valuers in six cities of Lithuania, which allows us to provide high quality services efficiently in any region of the country; • valuation is carried out in accordance with both the legal acts of the Republic of Lithuania and internationally recognised standards (MIS/EMS/RICS); • the Market Research Unit of the Valuation Department always provides valuers with the latest market data and performs reviews and analyses of property segments required for high-quality property valuations; • large number of employees allows execution of large orders in a flexible and expeditious manner; • we value privacy of our customers and always try to avoid conflicts of interests.
WE OPERATE THROUGHOUT ALL BALTIC STATES
7
Valuation
Residential Real Estate
Commercial Real Estate
Research and Analysis
Property Management
Ober-Haus Residential Property Department provides professional and reliable residential real estate services across Lithuania. With the largest brokerage experience, highly skilled team of experts, and the most extensive network of offices in the country, Ober-Haus offers its customers optimal and most prospective solutions.
RESIDENTIAL PROPERTY
Whether you are looking for a home or thinking about investing in real estate our experts will make proposals best suited to our customers’ needs. Ober-Haus generates the largest real estate database in Lithuania. Our experts will provide you with all potential latest proposals on the market and offer information and valuable insights on current market trends, changes, financial possibilities, and prospects for the most acceptable solutions.
8
Valuation
Residential Real Estate
Commercial Real Estate
Research and Analysis
Property Management
PROPERTY PURCHASE/SALE /LEASE PROCESS
Starting point
Visit to Ober-Haus
Achieved aim
without Ober-Haus
with Ober-Haus
Starting point
Achieved aim
Preparatory work Publication of information and advertising
Paperwork
Solving legal issues
Visits
Negotiations
SERVICES: • mediation in buying, selling and letting; • representation of the owner of the property for lease or sale; • administration of real estate lease and sale processes; • marketing and sales strategy proposals; • pricing; • consultancy.
Audrius Šapoka
Residential Real Estate Department Manager
9
Valuation
Residential Real Estate
Commercial Real Estate
Research and Analysis
Property Management
We offer efficient and tailor-made real estate search for our customers. The choice of real estate objects is provided not only from our database, but also from all objects available on the market. We work with the largest database of the Lithuanian Real Estate Development Association, which today has more than 8,000 unique real estate objects. We work very fast: the process of the sale of residential property without Ober-Haus will take four months and more, while with Ober-Haus – 2-4 weeks. Our experience and knowledge help us sell any real estate quickly.
ADVANTAGES
We work with all types of residential real estate
10
Valuation
Residential Real Estate
Commercial Real Estate
Research and Analysis
Property Management
We have accumulated broad brokerage experience working with many different scale projects thoughout Lithuania, including Ozas Park, Bendorėliai, Višinskis Hill, etc. We are pleased that with the help of our experts such project as Bendorėliai has become the largest highly desirable residential settlement in Vilnius that continues to be developed. Our expert solutions have led to success in sales performance of this and other projects.
EXPERIENCE
Bendorėliai
Ozo parkas
Višinskio kalnas
11
Elnių namai
Užupio vartai
Valuation
Residential Real Estate
Commercial Real Estate
Research and Analysis
Property Management
Ober-Haus specialists have accumulated extensive experience in the commercial property market and provide professional mediation services in all major cities in Lithuania, Latvia and Estonia. By taking into account current trends, changing needs of the market players and their requirements, we provide advice and assistance to our customers in making optimal and viable decisions to ensure effectiveness of their activities.
COMMERCIAL REAL ESTATE
After thorough identification and assessment of all our customers’ needs, our professionals will provide the most attractive and appropriate solution and all possible alternatives. WE: • locate office, retail, industrial, manufacturing, warehousing, logistics and other premises best suited to our customers’ needs; • help to negotiate regarding the most favourable lease terms; • advise on how to manage funds allocated to real estate; • provide all the required information to help take advantage of long-term rental opportunities in the entire region.
12
Valuation
Residential Real Estate
Commercial Real Estate
Research and Analysis
24% Lithuania
Property Management
2% Sweden
30% Retail 9% Holland
25% Chech
264 M € 2% Industrial 68% Offices 26% Estonia
2015 data
14% Denmark
Investment distribution by commercial real estate sectors in Lithuania
Country distribution by investment in commercial real estate in Lithuania
WE OFFER OUR CUSTOMERS: • qualified representation services for the owners of property for sale and/or lease; • services for buying, selling and letting commercial real estate; • search and valuation of commercial real estate; • analysis of any segment of the commercial real estate market and market trends; • detailed financial analysis of commercial real estate and property reports.
Darius Tumas
Commercial Real Estate Department Manager
13
Valuation
Residential Real Estate
Commercial Real Estate
Property Management
Research and Analysis
6 - 10 By average our experts have 6-10 years of relevant work experience
We have 20 commercial real estate experts working in Lithuania
Average annual number of commercial transactions - 375
We work with various size objects
EXPERIENCE
BROKERAGE EXPERIENCE IN SELLING COMMERCIAL REAL ESTATE
20 059 m²
5 500 m²
332 m²
11 349 m²
1 394 m²
Žemieji Paneriai Vilnius
V. A. Graičiūno st. Vilnius
Mindaugo st. Vilnius
Vytauto ave. Kaunas
Laisvės ave. Kaunas
14
Valuation
Residential Real Estate
Commercial Real Estate
Research and Analysis
Property Management
We are proud of our cooperation with such companies as Barclays, Western Union, Teva, Motorola, Bentley Systems, Oracle, Compensa, H&M and many others. The largest Lithuanian and international companies are Ober-Haus customers. We are proud to have been trusted by them throughout the start and development of their operations.
PARTNERSHIP
PARTNERSHIP WITH BUSINESS CENTRES
... Green Hall
Beta
Sostena
15
BPT
and others
Valuation
Residential Real Estate
Commercial Real Estate
Research and Analysis
Property Management
Investing in real estate is one of the most attractive ways to make a profit. It also involves the risk of losses resulting from investment made solely on the basis of personal experience and intuition. Success in developing various real estate projects, i.e. the profitability of the projects, is directly proportional to making a correct selection of the project concept and an effective marketing strategy (realisation of the completed product fast and for the highest possible price). In developing the future product concept and marketing strategy, the key and most significant indicator of the feasibility of a real estate investment project is the reliability of information used for decision-making and its adequacy to the market and its expectations.
RESEARCH AND ANALYSIS
Our experts provide regular free surveys to reflect market realities. The surveys are publicly available on the company’s website at www.ober-haus.lt. We provide: • real estate prices in Lithuania (monthly); • overview of the Lithuanian apartment price index (OHBI) (monthly); • overview of the apartment price indexes in the capital cities of the Baltic states (monthly); • comments on the residential property market (quarterly); • comments on the commercial property market (quarterly); • annual overview of the real estate market of the Baltic states.
16
Valuation
Residential Real Estate
Commercial Real Estate
Research and Analysis
Property Management
The objectivity and significance of our information to the local market is reflected in the fact that it is used and cited by the country’s largest commercial banks, public institutions and all media.
Saulius Vagonis Head of Valuation & Analysis
THE OBER-HAUS TEAM OF ANALYSTS PREPARE CUSTOM MARKET RESEARCH AND FEASIBILITY STUDIES TAILORED TO EACH CUSTOMER’S INDIVIDUAL NEEDS: • real estate market research and analyses; • feasibility studies of different scope; • detailed analysis of specific projects; • project pricing services.
Saulius Vagonis
Head of Valuation & Analysis
17
Valuation
Residential Real Estate
Commercial Real Estate
Research and Analysis
Property Management
Ober-Haus Real Estate Management Group helps reduce worries and increase revenues for all property owners, whether legal entities or private individuals. Our internal Market Research department, project group and legal experts work together to relieve owners of endless stress in property management.
PROPERTY MANAGEMENT
Ober-Haus provides solutions with all property management issues: collects rents, distributes charges for maintenance of the premises and/or utility services, concludes property maintenance contracts, and supervises repair and renovation work. In addition, we can help owners increase real estate yields by identifying areas for improvement, changing lease terms, renegotiating lease contracts, and developing effective project implementation programmes.
18
Valuation
Residential Real Estate
Commercial Real Estate
Research and Analysis
Property Management
We assist with all issues related to property management:
Will the tenant become indebted for rent and utility services?
Who will Will the tenant represent me, if use my property an insured event properly? related to the property occurs?
Who will provide advice regarding taxes payable for leased property?
Who will take care of the property during the search for a new tenant?
Who will check inventory at the end of the tenancy?
PROPERTY MANAGEMENT SERVICES INCLUDE: • representation of the owner in dealing with tenants. Resolving tenancy-related issues between the landlord and the tenant on a daily basis. Inventory check of the property that is being transferred or returned; • payment management. Calculation and collection of rent, mortgage payments, payments for utility services and other charges, and issuing invoices to tenants; • debt administration. Performance of all the necessary actions required to recover rent arrears; • property maintenance and repair. Property inspection for its proper use according to the provisions of the lease agreement. Elimination of any equipment breakdowns and other failures; • consultancy services. Consulting property owners regarding improvement of the attractiveness of the property in order to maximise returns. Consulting on legal and tax issues; • other services. Provision of additional services at the owner’s request under best market conditions (insurance, security, cleaning, etc.).
Goda Kolesnikovaitė Property Management Expert
19
JOHVI TALLINN
PARNU
TARTU
VALMIERA VENTSPILS RIGA
TALSI
LIEPAJA
JEKABPILS
DAUGAVPILS
JELGAVA ŠIAULIAI
PALANGA KLAIPĖDA
PANEVĖŽYS KAUNAS
VILNIUS
DRUSKININKAI
www.ober-haus.lt/en
OBER-HAUS OFFICES VILNIUS MAIN OFFICE +370 5 210 97 00 info@ober-haus.lt Geležinio Vilko st. 18A KLAIPĖDA OFFICE +370 46 402 016 klaipėda@ober-haus.lt S. Daukanto st. 3
VILNIUS CENTRE OFFICE +370 5 231 41 67 centras@ober-haus.lt Kaštonų st. 8 ŠIAULIAI OFFICE +370 41 399 063 siauliai@ober-haus.lt P. Višinskio st. 37
VILNIUS OLD TOWN OFFICE +370 5 266 65 55 senamiestis@ober-haus.lt Didžioji st. 20 / Savičiaus st. 1 PANEVĖŽYS OFFICE +370 45 509 000 panevezys@ober-haus.lt Respublikos st. 37
VILNIUS ULONAI OFFICE +370 5 250 74 00 ulonai@ober-haus.lt Ulonų st. 2, Vilnius PALANGA OFFICE +370 460 51 700 palanga@ober-haus.lt Vytauto st. 99
KAUNAS OFFICE +370 37 337 101 kaunas@ober-haus.lt Kęstučio st. 56 DRUSKININKAI OFFICE +370 313 52 300 druskininkai@ober-haus.lt M.K. Čiurlionio st. 55