CPB Baltics
CPB Baltics is an independent Baltic-focused commercial real estate advisory firm serving property investors, owners, and occupiers across Latvia, Lithuania, and Estonia with valuation, transactions, asset management, design, and proprietary market research services.
- Company typePrivate
- Founded2010
- HeadquartersTallinn, Estonia
- Headcount—
- GTM typeB2B
- OfferingServices
What CPB Baltics does
CPB Baltics is a Baltic-focused commercial real estate advisory firm headquartered in Riga, Latvia (legal entity CPB Real Estate Services SIA), with additional offices in Tallinn, Estonia and Vilnius, Lithuania. The firm was established around 2010 as CBRE Baltics and operated for over fifteen years as an independent affiliate of CBRE before rebranding to CPB (Connecting Property and Business) effective January 1, 2026, following the mutual non-renewal of the CBRE affiliate agreement. CPB now operates as an independent advisory brand while retaining a working partnership with CBRE for client service delivery.
The firm offers six integrated service lines: Valuation and Advisory, Design and Construction, Investment Properties (buy- and sell-side advisory), Advisory and Transactions (leasing across office, retail, hospitality, industrial), Data and Research, and Asset Services (property and facilities management, lease administration, tenant relations). A distinguishing capability is the firm's proprietary market research platform, which publishes quarterly figures across office, retail, industrial, investment, residential, and hotel sectors, plus annual Baltic Market Outlook reports. The firm runs a searchable property listing portal and operates a content-led GTM supported by a country-specialist direct sales model.
CPB serves enterprise clients including institutional real estate investors (Vastint, VIG Asset Management, Titanium Real Estate, Baltic Horizon, Lone Star Funds, Pontos Group, Citycon, Akropolis Group) and corporate occupiers (Novartis, Roche, Boehringer Ingelheim, McKesson). Disclosed track-record metrics include €497 million in advised investment volume, €5.5 billion in appraised property value, 350,000 sqm under management and 310,000 sqm leased across the Baltics over a five-year period. Revenue is generated through transaction fees, professional services fees, recurring managed services and a subscription/research revenue stream, with pricing project-based and quote-led.
CPB Baltics firmographics
Firmographics- Name
- CPB Baltics
- Legal name
- CPB Real Estate Services SIA
- Website
- https://cpbgroup.eu
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Short description
- CPB Baltics is an independent Baltic-focused commercial real estate advisory firm serving property investors, owners, and occupiers across Latvia, Lithuania, and Estonia with valuation, transactions, asset management, design, and proprietary market research services.
- Ownership category
- akta.pro rank
CPB Baltics industry classification
Industry- Product category
- Commercial Real Estate Advisory
- NAICS
- Offices of Real Estate Agents and Brokers (53121)
- akta.pro primary industry
- Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)
- akta.pro secondary industry
- Tenant Representation & Corporate Services Brokerage (BPAJABAJ)
Keywords
Where CPB Baltics is headquartered
LocationHeadquarters
- HQ city
- Tallinn
- HQ country
- Estonia
- HQ region
- Europe
Offices3 records
Markets served
CPB Baltics business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Advisory and Transaction Services: Lease transactions, buy-side and sell-side advisory for landlords, occupiers, and investors across office, retail, hospitality, and industrial sectors.
- Valuation and Advisory: Independent market-facing advice on all property types from single-asset valuations to entire portfolios.
- Asset Services: Property management, project management, leasing services, facilities management, lease administration, service charge administration, tenant relations, and community management.
- Design and Construction: Project management from planning through construction and fit-out.
- Data and Research: Research publications, market trends analysis, development project consultancy, investment support, and commercial due diligence.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Industrial property for sale - Zaļā Street 105, Dobele |
| Unit Pricing | Monthly | Industrial warehouse leases |
| Unit Pricing | Monthly | Retail space leases |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
CPB Baltics product offering
Product offeringCore offering
CPB Baltics is a Baltic-focused commercial real estate advisory firm offering six integrated service lines: Valuation and Advisory, Design and Construction, Investment Properties, Advisory and Transactions, Data and Research, and Asset Services. The firm advises investors, property owners, landlords, and occupiers across office, retail, industrial, and hotel sectors in Latvia, Lithuania, and Estonia.
Product overview
CPB Baltics is a Baltic-focused real estate advisory firm offering a comprehensive suite of six integrated service lines: Valuation and Advisory, Design and Construction, Investment Properties, Advisory and Transactions, Data and Research, and Asset Services. The company also publishes regular market insight reports covering industrial, office, retail, investment, and residential sectors across the Baltic region. Formerly operating as CBRE Baltics, the company rebranded to CPB (Connecting Property and Business) effective January 1, 2026 as an independent advisory brand while maintaining the same service capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Valuation and Advisory
Quantifiable outcome
- €497M total investment volume advised across the Baltics
- +3 more outcomes
Companies that use CPB Baltics
Customer profileNamed customers12 records
Segments6 records
Ideal customer profiles3 records
CPB Baltics technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
CPB Baltics partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor and core.
- CBREminorCPB continues to partner with CBRE as needed to serve clients in the Baltic region. While the affiliate agreement was not renewed effective January 1, 2026, the firms maintain a working relationship for client service delivery.
- VastintcoreOngoing property management and leasing engagement for Business Garden Riga and Magdelena Quarters portfolio since 2020.
- VIG Asset ManagementcoreProperty and project management services for Riga Old Town and city centre portfolio since 2023.
- Titanium Real EstatecoreProperty management and leasing services for S/C OZOLS shopping centre since 2022.
Scale indicators6 records
Recent moves7 records
Expansion highlights4 records
CPB Baltics competitors and assessment
Company assessmentBroad incumbents
- Cushman & Wakefield: Global commercial real estate services firm offering valuation, advisory, capital markets, and asset services. A direct competitor for Baltic commercial mandates, particularly in investment sales and leasing.
- Knight Frank: Global real estate consultancy active in commercial property advisory, valuation, and asset management. Competes with CPB for Baltic commercial mandates and offers similar service-line breadth.
- CBRE: Global commercial real estate services giant and CPB's former affiliate. Operates across investment sales, leasing, valuation, and asset management worldwide; CPB still partners with CBRE on Baltic mandates, while CBRE may compete for the same clients via other affiliates.
- JLL (Jones Lang LaSalle): Global commercial real estate services and investment management firm. Competes with CPB across investment advisory, leasing, valuation, and asset services, particularly for multinational occupier and investor mandates in the Baltic region.
- Colliers: Global CRE services firm with advisory, investment sales, valuation, and project management capabilities. Competes with CPB for cross-border institutional mandates into the Baltics and offers similar service-line coverage at a global scale.
- Savills: Global real estate services firm with advisory, valuation, and capital markets capabilities. Competes for Baltic commercial mandates and offers overlapping investment and advisory services.
Regional players
- Ober-Haus: Baltic-focused real estate services firm active in brokerage, valuation, and consulting across the region. Comparable regional player, although more weighted toward residential and investment sales versus CPB's institutional commercial focus.
- Latio: Latvian real estate services firm providing brokerage, valuation, and consulting. Comparable as a Baltic-region competitor for commercial mandates, particularly in Latvia where CPB is headquartered.
- Catella: Northern European property advisor and investment manager with Nordic-Baltic reach. Comparable in offering commercial real estate advisory, valuation, and investment services within the broader Nordic-Baltic region.
Direct peers
- Newsec: Nordic and Baltic property advisor with strong regional presence in commercial advisory, valuation, and asset management. Highly comparable in scale, regional focus, and full-lifecycle service model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
CPB Baltics social profiles
Digital presenceCPB Baltics financial estimates
Financial estimateRevenue estimate
Valuation estimate
CPB Baltics leadership team
Management profileNumber of profiles
Profiles20 records
CPB Baltics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CPB Baltics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CPB Baltics
What does CPB Baltics do?
CPB Baltics is a Baltic-focused commercial real estate advisory firm offering six integrated service lines: Valuation and Advisory, Design and Construction, Investment Properties, Advisory and Transactions, Data and Research, and Asset Services. The firm advises investors, property owners, landlords, and occupiers across office, retail, industrial, and hotel sectors in Latvia, Lithuania, and Estonia.
Is CPB Baltics a public or private company?
CPB Baltics is a private company. It is classified as unknown and is currently operating.
When was CPB Baltics founded?
CPB Baltics was founded in 2010.
Where is CPB Baltics based?
CPB Baltics is headquartered in Tallinn, Estonia, in the Europe region.
How does CPB Baltics make money?
Five revenue lines are on record. Advisory and Transaction Services are the primary driver. The others are valuation and Advisory, asset Services, design and Construction and data and Research.
Who are CPB Baltics's main competitors?
Broad incumbents on record are Cushman & Wakefield, Knight Frank, CBRE, JLL (Jones Lang LaSalle), Colliers and Savills. Regional players are Ober-Haus, Latio and Catella. Newsec is listed as a direct peer.
Does CPB Baltics have an API?
No public API is recorded for CPB Baltics.
What industry is CPB Baltics in?
CPB Baltics's product category is Commercial Real Estate Advisory. Its primary akta.pro industry code is FSAEAJAB, Commercial Real Estate Brokerage (Leasing & Sales), with a secondary code of BPAJABAJ, Tenant Representation & Corporate Services Brokerage. Its NAICS code is 53121.