Eastnine to acquire Alojas Biznesa Centrs in Riga
Eastnine AB (publ) today announces that it has signed an agreement to acquire Alojas Biznesa Centrs, an A class office property in Riga, from LNK Group for EUR 24.8m. The agreement also comprises the acquisition of two adjacent properties for EUR 4.8m. The total purchase price is EUR 29.6m. The transaction is expected to close during Q1 2018, and add approximately EUR 2.4 million to Eastnine’s annual rental income.Alojas Biznesa Centrs is an A class office property built in 2009 with a gross leasable area of 9,000 sqm, and is located on Kr. Valdemāra iela, one of the main arterial streets