Walless has advised Indexo Real Estate Fund on its acquisition of the Olimpia shopping center in Riga for over EUR 40 million.
Olimpia shopping center is located at 5 Azenes Street in Riga, has a net lettable area of 20,991 square meters, and offers a range of sports and leisure goods in Latvia.
Indexo Real Estate Fund is managed by Provendi Asset Management AIFP.
The Walless team included Partners Kristine Gaigule-Saveja, Inguna Abele, and Zane Eglite-Fogele, Associate Partner Andis Ozolins, Senior Associates Zane Karklina, Baiba Krievina-Sutora, Tatjana Sinkevica, and Mara Bekere, Associate Karlis Murnieks, and Junior Associate Emils Klavs Liepins.
Walless was not able to provide more information on the matter.