Ellex in Latvia advised on 5 out of 10 largest real estate investment deals in 2019

Colliers International (global real estate services and investment management company) has announced the top 10 real estate deals in 2019 in Latvia.

Ellex in Latvia advised 5 out of 10 top deals, including the two largest transactions – Baltic Horizon Fund acquisition of Galerija Centrs shopping center  and VIG Fund acquisition of a portfolio of three buildings in central Riga. In addition, we also advised Eastnine on the acquisition of Valdemara Centrs and Kimmel Quarter and Hipo Fondi Asset Management on the sale of Anninmuizas boulevard 40A.
”For the second year in a row, Ellex real estate experts in Latvia have represented clients in half of the top 10 deals, including the largest one in 2018: SG Capital acquisition of the SWH office center. We highly appreciate the opportunity to advise on these major projects in Latvia and thank our clients for the successful cooperation,” comments Ivars Pommers, Head of Real Estate Practice at Ellex in Latvia.
More information is available here.

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Ivars Pommers

Partner / Latvia