1 Kungu Street

(owned and managed)   Location: in the centre of Townhall Square (sole private building), the site of the Townhall ...

6 Kalku Street

(owned and managed)   Location: 6 Kaļķu Street, prime location in the busiest pedestrian and tourist area. This corner ...

12 Kalku Street

(owned and managed)   Location: 12-14 Kaļķu Street is composed of two different buildings in an extraordinary retail ...

15 Kalku Street

(owned and managed)   Location: at 15 Kaļķu Street, a prime location in the busiest pedestrian and tourist area. This ...

19 Skunu Street

(owned and managed)   Location: this corner building faces Dome Square and is the only private building on the square; ...

2 Kramu Street

(owned and managed)   Location: the building faces Tirgoņu Street, one of the busiest pedestrian and tourist areas ...

16 Skunu Street

(managed)   Location: the building faces Tirgoņu Street, one of the busiest pedestrian and tourist streets which connects ...

Brivibas boulevard 21

(owned and managed) The building is situated in one of the best retail locations in Riga, prime location in the busiest ...

Investment Criteria

Investment Criteria Mixed Use Retail
     
Type of Investment Core;  Core +;  Value-Add Core;  Core +;  Value-Add
     
Size of Investment From 3 to 20 mio Eur From 3 to 20 mio Eur
     
Markets Baltic Capital Cities, Class A Cities Baltic Capital Cities, Class A Cities
     
Location Quality City center and qualified location High Street retail location and common retail site selection criteria and retail-relevant key figures
     
Asset Quality Grade A and B office buildings Retail structure
  Properties requiring refurbishment and/or redevelopment Properties requiring refurbishment (optional)
  Development (optional) Development (optional)
     
Lease and Tenant Quality Multi tenant or single tenant Multi tenant or single tenant
  High letting Potential High Net Worth multiple
     
Soft Criteria High-end properties with sustainable and stable earning position Inner-city properties, predominantly retail use
  Eligible for mixed use (office, retail, residential) Other use type (office/residential) up to 65%
  Asset and share deal possible Asset and share deal possible
     
Value - Add Criteria Existing properties with a short- to medium-term value-add potential or development potential (e.g. conversions, subsequent densification, structural alterations, short remaining lease lifetimes, high void rates, maintenance backlog, financial distress, poorly managed properties, among other options)  
Arita Rimkusa
Arita Rimkusa
Office manager

Our benefits

1
Real estate innovative property management
2
Commercial Real estate focus
3
Long term view and highly focused vision
4
Solid fundamentals and potential incremental value through active real estate management
5
Well based internal property management
6
Internal record-keeping and reporting activities