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EfTEN Real Estate Fund acquires Riga office campus for €131m
Transactions - SEPTEMBER 3, 2021

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EfTEN Real Estate Fund acquires Riga office campus for €131m

by Andrea Zander

EfTEN Real Estate Fund 4 has acquired an office campus in Riga from Hanner Group for €131 million ($156 million), which makes it the largest office deal in Latvia to date.

The campus consists of four office buildings, of which Ausma, Teodors and Henrihs were completed after 2016 and Valters in 2009. The gross leasable area of the campus is about 59,000 square meters (194,000 square feet), and the area has 1,102 parking spaces.

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