East Capital Real Estate acquires Rimi Baltic Distribution Center – the largest Real Estate transaction in the Baltics for a logistics facility during 2023

East Capital Real Estate fund IV and Rimi Baltic, a part of ICA Gruppen, enter into an agreement whereby East Capital Real Estate acquires the modern 94,000 sq metres logistical and office center Rimi Baltic Distribution Center. This acquisition is 2023’s largest real estate transaction in Latvia and the largest in the Baltics for a logistics facility. The purchase price is on the 1 billion SEK level.Rimi Baltic Distribution Center is a 94,000 sq metres modern structure in a prime intracity location in the Latvian capital city of Riga. The facility was built and owned by Rimi Baltic, a part