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Latvia's Fintech Latvia Association has signed a memorandum of understanding with UK industry body Innovate Finance at the Innovate Finance Global Summit in London, aimed at strengthening bilateral ties and attracting UK fintechs seeking EU market ac...
Eastnine has signed an agreement for the sale of two properties in Riga, Latvia, for approximately EUR 38 million, which corresponds to book value. The buyer is Indexo Real Estate Fund, which is managed by Provendi Asset Management.
The sale of the office properties Alojas Biroji and Zala 1, both in central Riga, will take place in the form of companies. The properties have a lettable area of approximately 13,700 sq.m. The transaction is subject to financing and approval by competition authorities, and closing is expected in the second quarter of 2026. The proceeds include cash of close to...