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VIG buys Rīga portfolio

Eurobuild CEE 12 February 2020
VIG buys Rīga portfolio
The portfolio includes a 5,200 sqm gla building at Kaļķu iela 15 i

LATVIA Austrian insurance giant Vienna Insurance Group has bought three office buildings in Rīga from AS Baltic RE Group.

The portfolio includes a 3,500 sqm gla building at Kaļķu iela 12, one of 5,200 sqm gla at Kaļķu iela 15 in the Old Town and a 6,800 sqm gla building at Brīvības iela 21 in the city centre.

The main tenants of the three properties include the largest shoe retail chain in the Baltics, Salamander as well as Infogr.am, Scandiweb, Reserved, the Norwegian Embassy, Booking.com, H&M, Rīgas Viļņi, BDO Law Ecovis Convents and Competence Call Center.

With total assets of over EUR 50 bln, Vienna Insurance Group operates around 50 insurance companies in 25 countries, including the Baltics.
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