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Real estate experts predict that the nationalization of the Snoras bank might adjust the behaviour of residents and cash flows. Lithuanian depositors' general reaction to the present situation has not been absolutely clear yet. It is likely that a certain amount of funds of the deposits in banks might be directed to tangible fixed assets.
The present turmoil may encourage people to seek alternatives to deposits, the real estate company Akorus Real Estate sales manager Donatas Kojala said. Real estate may be one of the asset classes which may see growth in demand, he added.
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http://www.baltic-course.com/eng/real_estate/?doc=48958
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