Top 10 commercial real estate investment deals in 2017:

 

No.ObjectTypeVendorInvestorComment
Above EUR 15M
1K-Rauta stores (4)RetailRauta Kesko/Rakauskas familyW.P. CareyIncome generating
2Olaine Logistics Park, Sarlotes, Olaine parishIndustrialSIRIN Development UABUnited Partners Property OÜIncome generating
3Office Building at Vainodes Street 1, RigaOfficesNule 4 SIA; NM 2 SIABaltic Horizon FundIncome generating
4Preses nams, Balasta dambis 2, RigaMixed useLASCO Investment SIAPN Project SIADevelopment object, including renovation
Below EUR 10M
5Office Building Ostas Skati, Matrozu Street 15, RigaOfficesOstas Skati SIACapital Pro SIAIncome generating
6Building at Brivibas gatve 214M, RigaOfficesSalvus SIANHC 2 SIADevelopment object, including renovation
7SC Mezciems, Bikernieku Street 143, RigaRetailBikernieku Properties SIAProsperus UABIncome generating
8Land plot at Bikernieku Street 121, RigaIndustrialPrivate personMMS Property Solutions SIADevelopment object
9PK Hotel, P. Brieza Street 11a, RigaHotelPro Kapital Grupp ASInvesthotel SIAIncome generating
10Land plot at Jauna Street 12, Pinki, Babite parishMixed useRietumu Banka ASOutletico SIADevelopment object

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.

Source: Colliers International