Top 10 commercial real estate investment deals in 2017:


No. Object Type Vendor Investor Comment
Above EUR 15M
1 K-Rauta stores (4) Retail Rauta Kesko/Rakauskas family W.P. Carey Income generating
2 Olaine Logistics Park, Sarlotes, Olaine parish Industrial SIRIN Development UAB United Partners Property OÜ Income generating
3 Office Building at Vainodes Street 1, Riga Offices Nule 4 SIA; NM 2 SIA Baltic Horizon Fund Income generating
4 Preses nams, Balasta dambis 2, Riga Mixed use LASCO Investment SIA PN Project SIA Development object, including renovation
Below EUR 10M
5 Office Building Ostas Skati, Matrozu Street 15, Riga Offices Ostas Skati SIA Capital Pro SIA Income generating
6 Building at Brivibas gatve 214M, Riga Offices Salvus SIA NHC 2 SIA Development object, including renovation
7 SC Mezciems, Bikernieku Street 143, Riga Retail Bikernieku Properties SIA Prosperus UAB Income generating
8 Land plot at Bikernieku Street 121, Riga Industrial Private person MMS Property Solutions SIA Development object
9 PK Hotel, P. Brieza Street 11a, Riga Hotel Pro Kapital Grupp AS Investhotel SIA Income generating
10 Land plot at Jauna Street 12, Pinki, Babite parish Mixed use Rietumu Banka AS Outletico SIA Development object

The total amount of investments in income generating objects in 2017 amounted to EUR 149 million. In addition, the volume of investments in the development objects (including the purchase of land plots and/or renovation of buildings) amounted to EUR 207 million.

Source: Colliers International