Newsec acted as an advisor to German developer Bauplan Nord in the structured sales process of Upmala Biroji office centre in Riga. The building is anchored by SEB shared service centre and net leasable area of the property is over 10,500 m2. The property was acquired by Nasdaq listed Baltic Horizon Fund. Please find the official press release here: https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=721149&messageId=904179.
For further information please contact:
Head of Transactions, Baltics
Phone +370 686 17 468