Niam sells distribution center in Riga (LV)

Niam has sold the Rimi Distribution Center in Riga, Latvia, to the current tenant Rimi Latvia owned by Rimi Baltic. The property, which was bought in 2005, has a total lettable area of approx. 36,000 m² and was currently Niam’s only property in the Baltic market.

Pekka Salakka, Head of Finland at Niam says, “We are very pleased with this sale and are happy to sell the property to the current tenant whom we have a close relationship with.”

Source: Niam

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