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Ellex Klavins and Vilgerts Advise on Sale of Duntes Nami Office Building in Riga

Ellex Klavins and Vilgerts Advise on Sale of Duntes Nami Office Building in Riga

Latvia
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Ellex Klavins has represented commercial real estate fund SG Capital Partners Fund I on the acquisition of the Duntes Nami office building in Riga from East Capital Baltic Property Fund AB. The seller was advised by Vilgerts.

The total area of the property is more than 12 thousand square meters.

The transaction, which was carried out as a share purchase and included a complex refinancing of the building's loan commitment in cooperation with Luminor Bank, was concluded at the end of June 2018. 

The Ellex Klavins team included Head of the Real Estate Practice Ivars Pommers, Partner Inita Jurka, and Associates Anete Dimitrovska and Ineta Kaņepe.

Image Source: architizer.com

 

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