Top 10 commercial real estate investment deals in 2017:

 

No.

Object

Type

Vendor

Investor

Comment

Above EUR 15M

1

K-Rauta stores (4)

Retail

Rauta Kesko/Rakauskas family

W.P. Carey

Income generating

2

Olaine Logistics Park, Sarlotes, Olaine parish

Industrial

SIRIN Development UAB

United Partners Property OÜ

Income generating

3

Office Building at Vainodes Street 1, Riga

Offices

Nule 4 SIA; NM 2 SIA

Baltic Horizon Fund

Income generating

4

Preses nams, Balasta dambis 2, Riga

Mixed use

LASCO Investment SIA

PN Project SIA

Development object, including renovation

Below EUR 10M

5

Office Building Ostas Skati, Matrozu Street 15, Riga

Offices

Ostas Skati SIA

Capital Pro SIA

Income generating

6

Building at Brivibas gatve 214M, Riga

Offices

Salvus SIA

NHC 2 SIA

Development object, including renovation

7

SC Mezciems, Bikernieku Street 143, Riga

Retail

Bikernieku Properties SIA

Prosperus UAB

Income generating

8

Land plot at Bikernieku Street 121, Riga

Industrial

Private person

MMS Property Solutions SIA

Development object

9

PK Hotel, P. Brieza Street 11a, Riga

Hotel

Pro Kapital Grupp AS

Investhotel SIA

Income generating

10

Land plot at Jauna Street 12, Pinki, Babite parish

Mixed use

Rietumu Banka AS

Outletico SIA

Development object

Source: Colliers International

 

The total amount of investments in income generating objects in 2017 amounted to EUR 149 million. In addition, the volume of investments in the development objects (including the purchase of land plots and/or renovation of buildings) amounted to EUR 207 million.