German open-ended real estate mutual fund Focus Nordic Cities managed by Catella Real Estate KAG, Munich, Germany acquired from major Baltic developer E.L.L. Real Estate the office property in Riga let to such good quality tenants like Statoil, Samsung, Ericsson, and E.L.L. Real Estate Latvian office. The Property is located in Riga at Duntes Street which is a continuation of one of the main streets in Riga.
The property has 12,851 m² of lettable area and was developed in co-operation between E.L.L. Real Estate Latvian subsidiary and SIA Merks, which is a daughter company of the largest construction company in the Baltics