Indexo Real Estate Fund signs agreement with Vestabalt on rent and management of properties
7/11/2023
Indexo Real Estate Fund has launched a collaboration with one of the leading real estate companies in Latvia, LLC Vestabalt, on management and rent of the properties in the fund’s portfolio.
The fund’s portfolio currently includes three high-quality real estate properties – residential buildings for long-term rent in the centre of Riga – on Elizabetes Street 89, Pulkveza Brieza Street 10, and Krisjana Valdemara Street 61.
The building on Elizabetes Street has already been commissioned and there are tenants living in it, while buildings on Pulveza Brieza Street 10 and Krisjana Valdemara Street 61 are being renovated, and renovation works will be completed in the second half of 2023 and the middle of 2024.
SIA Vestabalt is a real estate company with more than 30 years of experience in the market. The company offers a full range of real estate services, including intermediary services, property evaluation and audit, property management and other services.