€66m Funded via Estateguru Platform in 2025 as Investors Earn €8.3m

A total of €66 million was invested through the Estateguru financing platform in 2025. This funding supported several hundred selected real estate projects across the Baltic states. The largest share of investments was allocated to projects related to Estonia, amounting to €25 million.

According to Estateguru’s CEO Daniil Aal, the past year demonstrated that non-bank real estate development financing has become firmly established. “Looking at the Baltic region as a whole, companies are operating with confidence. This is reflected in the number of bond issuances and, in particular, the growing interest in financing platforms in Latvia and Lithuania,” Aal explained. He added that borrowers on the Estateguru platform have generally been managing their repayment obligations well.

Over the past three years, a total of €223 million has been invested in the Baltic states through Estateguru. “Although our credit policy is more flexible than that of traditional banks, we are able to maintain a very high-quality portfolio, more typical of regional banking institutions. For example, over the last three years, 97% of loans approved on our platform have either been repaid or are being serviced in line with their loan schedules,” Aal said, noting that a stable, high-quality portfolio is a key business priority for Estateguru. Supported by this, investors earned €8.3 million in income last year.

Since its founding, Estateguru has financed projects worth a total of €925 million, with investors earning €95 million in total income.

“To date, private and corporate investors on the platform have supported around 3,000 different projects. This means that numerous necessary real estate developments have been brought to life, directly improving our everyday living environment. This, in turn, helps create new jobs and stimulate economic activity. The platform therefore has a significantly broader impact,” Aal added.

Estateguru’s objective for 2026 is to maintain the successful credit policy of recent years while increasing the involvement of institutional investors. Supported by this, the company aims to reach a total loan volume of €1 billion and exceed €100 million in interest paid out to investors.

According to Aal, interest in non-bank financing is on an upward trend particularly in Lithuania and Latvia. “In both countries, Estateguru’s volumes in 2025 were the highest of the past three years, with the number of financed projects increasing by nearly 20%. Latvia stands out in particular, where growth over the past two years has totalled 60%. At present, we see the highest growth potential among our Baltic neighbours,” Aal continued.

Looking at the broader macroeconomic environment, Estateguru expects increased activity in real estate markets in the year ahead, supported by rising real wages, lower inflation and stabilised interest rates. In the company’s view, developers will continue to require faster and more flexible financing solutions alongside traditional financial institutions, while investors are seeking opportunities to diversify their portfolios through real estate. “Our role is to bring these two sides together,” Aal concluded.