September 16, 2025

Latvia

Capitalica Asset Management Begins Construction of Verde C and D in Riga

According to Capitalica, the C and D buildings will expand the Verde complex by 37,000 square meters, including 22,500 square meters of leasable A-class office space.

Entrum Launches EUR 15 Million Bond-Issue Program

Baltic real estate company Entrum has launched a EUR 15 million bond-issue program, which saw its first tranche raise EUR 2.5 million from investors.

Orkla Eiendom Acquires Latvian Real Estate Companies

Norway’s Orkla Eiendom has acquired Latvia’s Artilerijas 55 and Miera 22 real-estate companies from Orkla Latvija.

Nordspace Offers Bonds on Nasdaq First North

Nordspace has made a EUR 6 million bond offering, listed on the Nasdaq First North alternative market.

Capitalica Asset Management Redeems Final Bond Issues of Capitalica Baltic Real Estate Fund I

Investment management company Capitalica Asset Management has redeemed two final bond issues of the Capitalica Baltic Real Estate Fund I.

Iveta Ardava Becomes Commercial Director of Verde Office Complex in Riga

Iveta Ardava jhas joined Capitalica Asset Management as Commercial Director of the Verde office complex in Riga.

Capitalica Asset Management Launches Verde Expansion in Riga

“Verde is our long-term vision of a sustainable, human-centric, and future-ready office complex at the gateway to Riga’s emerging business district in Skanste."

DNB Bank ASA Latvia Branch Doubles Space in Teodors Building in Riga

DNB Bank ASA Latvia Branch has doubled its office space to 6,000 square meters in the Teodors building in the Jauna Teika district of Riga.

SEB Bank Extends Additional EUR 13 Million to Capitalica Asset Management

SEB Banks in Lithuania and Latvia have agreed to provide Capitalica Asset Management another round of financing

Shoe & Brew: FIFAA Latvija Acquires Bang Bang Shop & Coffee

Riga-based FIFAA Latvija has acquired Bang Bang Shop & Coffee, a concept store and online retailer, from RB Projekts.

MyFitness to Open New Club in Riga’s Domina Shopping

The new club, which will feature the only spa zone within the MyFitness network in Latvia, is set to open its doors at Domina Shopping this autumn.

Busy Q1 at Riga’s Domina Shopping

Riga’s Domina Shopping is reporting that a total of 12 new, relocated, or, redesigned stores have opened their doors at the shopping center so far in 2025.

Sportland Acquires Land for Expanded Logistics Center in Latvia

Sportland has acquired 4.2 hectares of land in Marupe, Latvia.

Riga’s Verde Office Complex is Fully Leased

Riga’s Verde office complex has announced that both its first and second-phase buildings, A and B, are now fully leased.

Riga’s Domina Shopping Center Reports EUR 90 Million Turnover in 2024

Riga’s Domina Shopping Center is reporting a +5.4% increase in turnover last year, reaching nearly EUR 90 million euros.

Sportland Acquires Land for Logisitics Center in Latvia

Colliers Baltics has represented Sportland in the latter’s acquisition of 4.2 hectares of land in Marupe, Latvia.

Colonna Sells Rimi Grocery Stores in Latvia to Lumi Retail Property Fund

Colonna has sold a portfolio of 11 Rimi grocery stores in Latvia to Lumi Retail Property Fund.

Provendi Fund Acquires Riga Shopping Center for EUR 40 Million

The Indexo Real Estate Fund has acquired Riga’s Olimpia shopping center from Singaporan investors Grinvest for more than EUR 40 million.

International School of Riga Leases Space in Riga from Baltic Horizon Fund

The International School of Riga has leased space in the S27 building in the Skanste district of Riga from the Baltic Horizon Fund.

EfTEN Real Estate Fund Launches Public Share Offering

EfTEN Real Estate Fund AS is holding a secondary public offering of an additional 1,000,000 shares to raise up to EUR 19 million to support new investment initiatives.

EfTEN Fund Obtains Excellent Label from GRESB for Sustainability

International-sustainable-investment-assessor GRESB has awarded both global and European excellence labels to EfTEN Real Estate Fund 4’s advancements in sustainability.

EfTEN Real Estate Fund Nine-Month Profit Reaches EUR 10 Million

EfTEN Real Estate Fund AS is reporting that its turnover in the first nine months of this year reached EUR 23.9 million.

New and Renovated Stores at Domina Shopping in Riga

The active development phase of the Domina Shopping center in Riga has resulted in the opening of ten new and renovated stores this year

EBRD Invests in EfTEN Special Opportunities Fund

The European Bank for Reconstruction and Development is supporting the EfTEN Special Opportunities Fund

Capitalica Asset Management to Expand Verde Complex in Riga

Lithuania’s Capitalica Asset Management has announced its plans to expand the complex by constructing several new Class A office buildings right next to it.

EfTEN Real Estate Fund Considers New Share Offering in Baltics

The management board of EfTEN Real Estate Fund AS has presented a proposal for issuing new shares to the company’s supervisory board for the purpose of financing new acquisitions.

Bank of Lithuania Approves Tewox Prospectus

Special closed-ended real-estate investor AB Tewox is planning its first public bond issue

Agathum Issues EUR 2 Million Bond

The Agathum real-estate-management company has issued a EUR 2 million bond listed on the Nasdaq Vilnius Baltic First North market in Lithuania and Latvia.