Riga Archives

Sirin Development and Kesko Senukai agree on additional warehouse space in Latvia

Industrial real estate developer Sirin Development UAB signed an agreement with Kesko Senukai on the lease of a 12,000 sqm warehouse. In total, the company will be leasing 20,000...

Office Leasing

Riga office market sees increase in preleasing deals

The “Riga Office Outlook” report for the third quarter of 2021 prepared by the analysts at the real estate consultancy Newsec in the Baltics shows that more and more...

Retail News

Shopping centre Ozols in Riga sold to Titanium

KS Holding, a real estate company co-owned by Kesko, Arturas Rakauskas and Zabolis Partners, sold Ozols shopping centre in Riga to the investment fund Titanium, a new player in...

Investment Market

EfTEN and Hanner conclude €131 million landmark transaction in Riga

EfTEN Real Estate Fund 4 has acquired from the Hanner Group the Jaunā Teika office campus in Riga for €131 million, which is EfTEN’s largest acquisition to date. “With...

Office Leasing

Developers shifting into a higher gear on Riga’s office market

Take-up on the Riga office market in the first half of 2021 reached pre-pandemic levels. Seeing the market’s potential, investors are moving ahead with office development projects focused on...

Investment Market

Akropolis Group buys Alfa shopping centre from AMD Holding

Shopping and entertainment centre development and management company Akropolis Group signed an agreement to acquire the Alfa shopping centre in Riga, Latvia, from AMD Holding. The seller was represented...

Office Leasing

Riga office market is awakening after a long winter’s sleep

Increased activity can be felt in the Riga office market, where 85,000 sqm of new office space was offered in 2020 and investment transactions were more active than in...

Investment Market

Eastnine and Vastint sign office portfolio deal in the Baltics

Eastnine signed an agreement to acquire two office properties from Vastint (Interogo Holding) – the UNIQ business centre in Vilnius, Lithuania, and the Zala 1 office building in Riga,...

Retail News

Reconstructed Origo building in Riga opens

The reconstructed Origo shopping centre building’s doors are now open to visitors, now featuring a new entrance from the Station Square. The project has allowed the area of the...

Investment Market

EfTEN Capital signs an agreement to acquire Bergi LC in Riga from Lords LB Baltic Fund III in a record deal

An agreement between EfTEN Real Estate Fund 4 and Lords LB Baltic Fund III has been signed where EfTEN will acquire Bergi LC in Riga. This is the largest...

Investment Market

East Capital Baltic Property Fund III adds prime property in Latvia by acquiring Galleria Riga shopping center – EuropaProperty

East Capital Real Estate announces today the completion of the acquisition of Galleria Riga shopping center by East Capital Baltic Property Fund III. Galleria Riga shopping center, a...

Investment Market

Baltic Real Estate Industry Leaders Will Meet in Riga – EuropaProperty

The annual real estate industry event will take place in Riga at the end of October, which this year announces itself under a new brand as Baltic Real Estate...

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