Estonia’s largest real estate agency, Uus Maa, has signed a cooperation agreement with Latvia’s Latio and Lithuania’s Inreal to jointly provide property valuation services across all three Baltic countries. The partnership includes sharing market data and conducting joint valuations for cross-border real estate projects.

According to Argo Pillesson, Head of Valuation at Uus Maa, which has a team of 30 certified appraisers, both large international companies and individual investors increasingly need strategic insight or specific valuation services in neighboring markets. Until now, the quality of such services has varied significantly between countries.

“Each market is unique and requires local expertise. While a few international brands have Baltic branches, what sets our cooperation apart is that it brings together the three leading domestic real estate firms in each country,” said Pillesson.

“Appraisers gather information not only by comparing completed transactions but also from the field—through direct interaction with brokers and analysts. Large data volume gives us analytical power that you simply don’t get from sitting in an office reading spreadsheets,” he added.

“This type of cooperation between three independent firms offering joint services across the Baltics is rare in the industry—but the need was clear. Together, we’re tapping into a network of around 500 real estate professionals, including nearly 100 certified appraisers across both residential and commercial segments. This partnership enables us to provide a consistent, high-quality, and efficient valuation service in all three countries. In addition to valuation, the collaboration also includes brokerage, advisory, and in-depth market analysis for both corporate and private clients,” Pillesson explained.

He also noted that Uus Maa, Latio, and Inreal will begin publishing joint public Baltic market reports, in addition to sharing internal market data among their analyst teams.