As the result of the free sale process, that was organized by international real estate services company “Colliers International” on behalf of BAB bank Snoras, a historical building located at 23 Pils Street on Doma Square was sold for 6 010 000 euros. The building was acquired by SIA „UNISEB”.

As it was mentioned before, the property is situated in a prestigious location with excellent visual accessibility and placement. The object is multifunctional and premises can be used for offices, hotel or apartments. New owners have not announced their plans for the building yet.

Object at 23 Pils Street is the last out of two properties that were owned by BAB bank Snoras in Latvia. The first object that is located at 15 J. Dalina Street was sold in August this year and the building is already fully leased.

Prepared By:

Kristine Spundina, Marketing Coordinator, +371 29444169 or kristine.spundina@colliers.com

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Colliers International is a global leader in commercial real estate services, with over 15,800 professionals operating out of more than 485 offices in 63 countries. Colliers International has been operating in the Baltics since 2004 and provides a full range of services to its customers, starting from the development of an overall real estate concept, investment consultations and corporate services to project supervision, assessment, management and broker services. The influential finance magazine Euromoney declared Colliers International the best real estate consultancy company in Latvia in 2014 for the tenth year in a row.

The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world.

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