Place Eleven, a class A office building, has signed an agreement with one of the leading insurance companies in the Baltic States JSC "BTA Baltic Insurance Company" (hereinafter - BTA) for the lease of almost 3,000 m2. Colliers International has mediated the lease agreement. Currently Place Eleven is one of the largest sustainable class A office buildings in Riga. The building won the 1st place in Latvijas būvniecības gada balva 2016 in the nomination "New building - public building".
BTA employs almost 1000 staff in the Baltic States and more than 400 of them are working in Latvia. New office premises at Place Eleven will provide workplaces for at least 260 employees.
The choice of new office premises was determined by the company’s growth and ever-growing number of employees, as well as the fact that BTA central office has so far hosted two addresses in Riga on Kr. Valdemāra Street 63 and Sporta Street 18. The new office premises will combine all central office staff under one roof, providing a more efficient daily operations and processes. Moreover, the new office location will allow employees to retain existing habits, going to work and daily life, as Place Eleven is located midway between the two existing offices. Moving to new office premises will allow the company to build a smarter workplace solutions, adapting it to current and future needs.