Real estate developer Linstow Center Management (Linstow) has sold Galerija Centrs shopping mall in Riga to Baltic Horizon Fund real estate fund for 75 million euro, Newsec consultancy, which arranged the deal.
This is the largest transaction involving a shopping center in the Baltic states this year, Newsec informed. With this acquisition, Baltic Horizon Fund will become the largest diversified commercial real estate investment fund in the Baltic states, managing properties worth nearly 350 million euros.
Newscec head in Latvia Girts Grinbergs indicate...
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