Mall “Riga Plaza “has changed its manager and since April its property has been managed by the international real estate services company” Colliers “.
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Fashion and entertainment shopping center “Rīga Plaza” was opened in 2009. It changed owners in 2020 and is now owned by real estate investment holding company Summus Capital in a strategic alliance with asset manager Zenith Family Office. The total area of the shopping center building is 90,000 m2, it has 1,500 parking spaces and 50,000 m2 of retail space, with more than 170 tenants.
“By taking over the management of” Rīga Plaza “, we have expanded the portfolio of real estate objects managed by” Colliers “, which in addition to large shopping centers, such as TC” Saga “and TC” Rīga Plaza “, also have office buildings, supermarkets and industrial objects.” Rīga Plaza’s new owners have ambitious plans to make the center even more interesting and attractive to both visitors and tenants. Colliers’ extensive experience not only in property management, but also in market research, concept development, project development and tenant attraction will certainly help these plans effectively, “says Deniss Kairans, Colliers’ managing partner.
“The change of manager marks a new and positive start in the further development of the fashion and entertainment center” Riga Plaza “. Our goal is to continue the already started investment projects, as well as seek new directions and additional investments to jointly promote growth after a long pause caused by the pandemic “Last year and the beginning of this year have been full of challenges for the retail industry. So I hope that the shopping center will soon be able to function fully to provide the most diverse and comprehensive services to our visitors,” adds Hanness, board member of Summus Capital. Duck (Hannes Pihl) ,.
Colliers currently manages 3 commercial centers in Riga, as well as several commercial properties in offices and industrial areas.
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