Situation Photo: pixabay.com
Kaunas Free Economic Zone shares a 3 km common boundary with Kaunas International Airport. Land plots along this line are reserved for the development of businesses related to the aviation industry.
Photo: Kauno LEZ
industrial companies, communications, access roads, and the shape and terrain of the land are very important aspects. A plot near the highway will not always have convenient exits and entrances. However, one of the most important factors is the price of the plot. Warehousing and logistics companies lead in terms of the area of operation of companies that are being established.
Ober-Haus Commercial Department Expert Kaspars Korbs said that there are industrial land plots available in and around Riga. Especially in Kenagarags area, Krustpils iela, Maskavas iela, etc. The question may be the price, as some find 20 EUR/sqm a bit expensive. There are offers in the market for 10-15 EUR/sqm., or less. In 2018, in Riga region, there have been 33 purchases of commercial and industrial
land, average size 7500 sqm., avg. price 6.8 EUR/m2. Out of these typical manufacturing was ca. 12 purchases, price ca. 7 EUR/m2. In Riga, 54 purchases, avg,. size 5500 sqm, price 62 EUR/m2. Out of these typical manufacturing was ca. 10 purchases, price ca. 10 EUR/m2. As for example, please see attached an industrial village offer in/near Riga. 25