Skanstes City

Skanstes City is a modern office complex located in Riga’s rapidly developing Skanste district, a key business hub attracting international companies. The property consists of several refurbished buildings offering a mix of contemporary workspaces, supported by strong infrastructure and ample parking. Anchored by established tenants in the finance and tech sectors, the asset benefits from a stable rental income stream and a diversified tenant base. On going upgrades and varied energy performance ratings reflect a commitment to sustainability and operational efficiency. With value-add potential through increased occupancy and continued refurbishment, Skanstes City presents a compelling investment opportunity in a central, high-demand location.

The property has 1,307 parking spaces, 7.62 ha of freehold land, and a total leasable area of 50,774 m2. Currently the development operates with 60 tenants that make up total 86% occupancy rate.