RigaRealEstate

Swedbank offering loan to building project in Riga

Swedbank Latvia has announced a loan of EUR 44 million to the Novira Plaza Riga business centre, which is being developed in Riga by the Lithuanian financial services company Evernord’s [..]

Estonian companies leading the way in Riga real estate developments

The real estate market in Latvia has picked up, and Estonian developers are taking the lead in many new projects. While construction costs in Latvia are similar to those seen [..]

24 properties sold in Riga’s Old Town during past three years

Interest in flats, office space and commercial areas in the Riga Old Town remains high, and 24 residential properties were sold in that area for almost EUR 30 million over [..]

EUR 3.6 million invested in renovation of rental building in Riga

The Indexo Real Estate Fund, which is managed by Latvia’s alternative investment fund manager Provendi Asset Management, has invested more than EUR 3.6 million in renovating a rental building in [..]

Supply of flats for sale declines in Riga

During November 2024, the number of flats available for sale in Riga declined by 6% in comparison to the month before, the Arco Real Estate company has announced in its [..]