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TGS Baltic advises BAB bankas Snoras in the sale of the head office of Latvijas krajbanka

Linda Štrause, Nauris Grigals with the assistance of Colliers International, an international commercial real estate service company acting as an intermediary, and with the legal support of TGS Baltic Latvia office an office building located at J.

Dalina 15, Riga, previously the central office of Latvijas Krajbanka, owned by the insolvent BAB bankas Snoras, was sold for EUR 10 516 200 at the third round of the sales process. The A class office building was acquired by an SPV SIA “JD 15” established by SIA “LNK (Latvian Novelty Complex)” and further will be known as “LNK Centre”.