Swedbank lends EUR 60 mln for Hanner's project in Riga

  • 2020-02-24
  • BNS/TBT Staff
VILNIUS – The Nordic banking group Swedbank's banks in Lithuania and Latvia have issued a syndicated loan of 60 million euros for real estate developer Hanner's real estate project in Riga. Jauna Teika, a new-concept commercial and residential complex, is Hanner's largest project in Latvia, with a total investment value exceeding 140 million euros, Swedbank said in a statement. The Jauna Teika project is under development in the Riga area with the highest concentration of IT professionals and IT companies in the region. This area accou...
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