Kaarel Loigu has become the new CEO of the real estate investment management group Capital Mill, with the main goals of the group’s sustainable management and future development in the Baltic States as its main goals.
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In addition, with the change of the CEO, there have also been changes in the Board of Capital Mill in Latvia.
“Capital Mill is not only a strong player in the real estate market, but also an ambitious company with a great team of professionals. Being part of the company’s success story is a big challenge, but I believe that the experience gained in the field of banking and management will be very useful to me here. I see great potential for the development of this business in all three Baltic countries and possibly beyond, so together with the team we will try to take full advantage of these opportunities, “says Karel Loig.
Loigu has extensive knowledge in management and banking and more than 20 years of experience (DNB, Hansapank /Swedbank“and other companies), and for the last three years he has been the Head of Corporate Finance at Coop Pank in Estonia. Capital Mill “business development.
With the change of the group’s CEO, there have been changes in the company’s board in Latvia – K. Loigu and Ieva Grīnerte, the head of Capital Mill in Latvia, have become members of the board. By strengthening the Board of Capital Mill in Latvia, the company intends to better implement the goals of shareholders – to improve the provision of services and processes in the company’s operations, as well as to ensure continuous growth in the Baltic market.
“We want to expand our investment portfolio here in Latvia, as well as work more closely with other Baltic offices with the help of the new CEO and create common standards and procedures, using the unique experience and knowledge of each national team. I think it will be valuable and go hand in hand. For the growth goals of the Latvian team, “explains Ieva Grīnerte, Head of Capital Mill in Latvia.
Greener joined Capital Mill in 2017 and has been working in the real estate industry since 2003, representing several international investors. Eve has helped create “Colliers International“Property Management Division in Latvia.
Capital Mill is an Estonian investment company that invests in the acquisition of commercial real estate in Latvia, Lithuania and Estonia. Capital Mill manages several Baltic projects with total assets of approximately EUR 350 million. Since 2017, more than 51 million euros have been invested in the Latvian market.
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