Indexo Real Estate Fund transaction makes it into TOP 3 Baltic transactions
1/23/2024
According to the market review compiled the real estate consultancy and services company Colliers Baltic and published on the portal Delfi.lv on the Top 10 largest commercial transactions in the Baltics, the contract concluded by the real estate fund Indexo Real Estate Fund managed by Provendi Asset Management with the Norwegian investor holding AS LATPRO 2 for the acquisition of the shopping centers Rimi Gaiļezers and Rimi Tukums was the third largest transaction in the Baltics and the second largest in Latvia in 2023, reaching the value of EUR 25 million.
The Indexo Real Estate Fund has acquired two shopping centers - Gaiļezers in Riga and Rimi Hypermarket in Tukums. The deal for the Rimi Hypermarket shopping center in Tukums is one of the largest real estate transactions outside of Riga in recent years.
Also on top of the list is the RIMI Baltic logistics center deal, acquired by East Capital for EUR 83 million, followed by the Duetto business center in Vilnius, with a deal value of EUR 37 million.
The TOP 10 list of the largest commercial transactions in the Baltics is a market overview compiled by real estate consultancy and services company Colliers Baltic of the transactions conducted in the past year.