Report on the Baltic Real Estate Market for the 3rd Quarter of 2020
In Latvia, investment volume in Q3 2020 reached EUR 90 million. The most notable deal included the acquisition of the Citadele bank HQ by Lords LB Baltic Green Fund, which was the second office transaction this year. Activity with hypermarket-type retail objects also continued in Q3. Lords LB sold Rietumu Centrs in Liepaja to Lusins family, while Aveņu Centrs in Daugavpils was sold by Ditton Nams for EUR 5.2 million to Megarons, a company related to grocery chain Mego.You may view the full text of the report here:
Baltic_Quarterly_Report_3Q_20_final_sec.pdf
You may view overview here: