January 11, 2026

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.

According to the Ellex law firm, which advised both parties on the deal, as a result of the transaction, Orkla Eiendom gained control of real-estate assets in Riga including the well-known Staburadze territory at the intersection of Tallinas and Artilerijas Streets and several properties on Miera Street, including the building housing Orkla’s local offices and the city’s Chocolate Museum.

Image source: www.letterstobarbara.com

Get the memo – every week

Essential real estate market updates, straight to your inbox.

Capitalica Asset Management Secures EUR 19 Million Financing for Verde Project Building C

According to the company, the total planned investment into the newly constructed C and D buildings will exceed EUR 70 million.

SEB Bank Relocates HQ in Latvia to Satekles Biznesa Centrs

Satekles Biznesa Centrs is a Class A office complex developed by Linstow Baltic as part of "its strategic vision for the transformation of 'Riga’s Central Business District'.

Teodors Welcomes Zabbix as New Tenant

Zabbix has established its new office across three floors, occupying more than 2,400 square meters, "making it a major tenant in the district and a significant addition to the business center’s community."