Projector advised Client on the purchase of the Valdemara Centrs in Riga. The property was acquired by the Swedish listed real estate company Eastnine for approximately EUR 25 million from the Estonian real estate investment firm Capital Mill. Projector provided Eastnine with technical consultancy and Technical Due Diligence services.
Valdemara Centrs is an eight-storey class A business centre with a total area appr. 8 500m2. It is located in the heart of the old town of Latvia’s capital city.
The Valdemara business centre is Eastnine’s second acquisition in Riga. Projector has provided Eastnine with technical consultancy and TDD services also during previous acquisitions in Baltic states.