ARTICLES LABELLED WITH TAG Latvia

News Panattoni offers BTS services in Baltic states
10
Sep
2024

Panattoni offers BTS services in Baltic states

by Property Forum
Panattoni is extending its operations to the Baltic States, namely Lithuania, Latvia and Estonia. This new initiative is a response to the growing needs of customers for modern industrial solutions such as BTS.
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News East Capital acquires Riga office building
23
May
2023

East Capital acquires Riga office building

by Property Forum
East Capital Real Estate Fund IV signed an agreement with real estate developer Hepsor for the acquisition of a modern last mile and stock office building, StokOfiss U30, located in Riga, with a total lettable area of 3,642 square metres. This is the second of two acquisitions for the fund over the past two weeks.
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News DIY sale in Baltics closes at record yield
04
Apr
2022

DIY sale in Baltics closes at record yield

by Property Forum
KS Holding, a Kesko Group company, has completed the sale of Kesko-Senukai stores in Vilnius and Daugavpils to the Finnish Special Mutual Fund Titanium Baltic Real Estate. Together with the sale of Riga’s Ozols Centrs, acquired by Titanium in November, KS Holding has brought retail assets valued at €60 million to the market. Returns to shareholders in the recent transactions for the money invested exceed 20% per annum.
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Latest news


New leases

  • Warsaw Court of Appeal has signed a long-term lease agreement for office space at Wola Center in Warsaw. The Court has leased 2,000 square meters in the building owned by Hines.
  • Four lease agreements have been signed for a total leasable area of approximately 16,000 sqm in MDC2 Park Kraków South: with Emerald clothing distributor (4150 sqm); the French publishing company Iris Galerie (4,100 sqm); AiK Tezeusz, the book re-commerce market player (3,500 sqm); and Libris, a company that manages the paper and electronic records of companies (4,100 sqm).
  • The law firm T. Studnicki, K. Płeszka, Z. Ćwiąkalski, J. Górski sp. k. (SPCG) has joined the tenants of the Infinity office building, leasing over 350 sqm of office space. The opening of the new branch office of SPCG in the Wrocław-based office building at Legnicka 16 is scheduled for August 2025.

New appointments

  • Karol Klin joined the Cornerstone Investment Management team at the beginning of 2025, taking on the role of Commercial Director, Real Estate.
  • Sebastian Barandziak has been appointed as the new President of the Management Board of Euro Styl, a subsidiary of Dom Development Group. The existing board members, Magdalena Reńska and Jarosław Górski, have been appointed as vice presidents.
  • AG Capital has appointed Ivaylo Vatev as CFO. He has previously worked in management roles for Aurubis Germany and PwC.

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