Viru Centre’s largest renovation in history: 86 new stores and concepts

Following a major renovation, Viru Centre reopens with 86 new stores and innovative concepts for visitors. Classic retail is complemented by a unique Food Street and a Beauty Sphere that brings together beauty and health services. Viru Centre has invested nearly 20 million euros in the renovation, with the centre’s tenants contributing an additional 15… Continue reading Viru Centre’s largest renovation in history: 86 new stores and concepts

Marginalen AB becomes the fourth anchor tenant of Elemental Business Centre

GelvoraSergel and Aizdevums.lv, two companies of the Swedish financial holding company Marginalen AB, have signed an office lease agreement with the upcoming office building complex Elemental Business Centre in Skanste, becoming the fourth anchor tenant of the project. According to the agreement, GelvoraSergel and Aizdevums.lv will rent office premises in one Elemental Business Centre building.… Continue reading Marginalen AB becomes the fourth anchor tenant of Elemental Business Centre

Kapitel invests more than 60 million euros in the development of offices in Riga, the newest tenant is Primend

Kapitel invests over 60 million euros in the development of the Elemental Business Centre office buildings in Riga. The company signed a 35 million euro loan agreement with Swedbank Latvia to finance the construction, and half of the space is taken up by lease agreements. The sustainable and energy-efficient buildings have reached their full height… Continue reading Kapitel invests more than 60 million euros in the development of offices in Riga, the newest tenant is Primend

Swedbank grants EUR 35 million for the construction of the Elemental Business Centre complex of AS Kapitel

Swedbank and real estate developer AS Kapitel have agreed on a loan of 35 million euros for the construction of the business complex Elemental Business Centre in the Skanstes neighbourhood of Riga. The total investment of AS Kapitel in Elemental Business Centre is over 60 million euros and the project will be completed in the… Continue reading Swedbank grants EUR 35 million for the construction of the Elemental Business Centre complex of AS Kapitel

Elemental Business Centre has signed a cooperation agreement with hybrid coworking brand Spaces

The upcoming office building complex Elemental Business Centre in the Skanste neighbourhood has signed a cooperation agreement with the renowned hybrid coworking space brand Spaces, which is part of the global holding company IWG. The total area of the leased premises will be 2300 m2 across two floors of one Elemental Business Centre building. Imants… Continue reading Elemental Business Centre has signed a cooperation agreement with hybrid coworking brand Spaces

Kapitel spends over 1.3 million euros to clean its seaside property from contaminated soil

The real estate company Kapitel cleans up the soil at 10 Kalasadama St, the seaside property located next to Linnahall, as the electricity and heat production that occurred there for decades caused the soil to be contaminated. The removal and disposal of more than 10,000 cubic meters of contaminated soil carried out by EcoPro will… Continue reading Kapitel spends over 1.3 million euros to clean its seaside property from contaminated soil

Elemental Business Centre celebrates topping out

On March 30, the upcoming office rental project Elemental Business Centre in Riga celebrated the topping out, thus marking the completion of the largest construction works. Along with the usual topping out traditions, such as placing wreaths on the top floor of buildings and speeches by people close to the project, the event also featured… Continue reading Elemental Business Centre celebrates topping out

Dyninno Group becomes the first anchor tenant of Elemental Business Centre

The first anchor tenant of Elemental Business Centre, under construction in the Skanste neighbourhood, is the information technology company Dyninno Group, which owns several companies in Latvia, including shared services centre Dynatech and travel consulting company Innovative Travel Solutions. The new 1200 m2 office of Dyninno Group will be opened simultaneously with the commissioning of… Continue reading Dyninno Group becomes the first anchor tenant of Elemental Business Centre

Elemental Business Centre has signed a lease agreement with Rimi Latvia

Elemental Business Centre, the upcoming office building complex in the Skanste neighbourhood, has signed a lease agreement with Rimi Latvia. The city centre concept Rimi Mini store will open its doors on the first floor of the office building this autumn, when the entire office complex is completed. Elemental Business Centre Sales Manager Imants Krēsliņš… Continue reading Elemental Business Centre has signed a lease agreement with Rimi Latvia

Spaces will open its largest flexible workspace and co-working area in Tallinn in the tallest building of the Arter Quarter

The leading global workspace platform IWG will operate under its Spaces brand a nearly 3,000 m² flexible workspace and co-working area in the Arter Quarter in the centre of Tallinn. The largest Spaces in Tallinn will be located on the second to sixth floor of Estonia’s tallest office building and will accommodate over 450 workplaces… Continue reading Spaces will open its largest flexible workspace and co-working area in Tallinn in the tallest building of the Arter Quarter

Arter Quarter joins the Utilitas district cooling service

The development and construction of Arter Quarter in the centre of Tallinn is based on sustainability and environmental preservation. The buildings are designed and built according to the Excellent rating of the international BREEAM standard. A combination of energy piles and Utilitas district heating and cooling solutions ensure eco-friendly heating and cooling.  “The development and… Continue reading Arter Quarter joins the Utilitas district cooling service