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Walless Advises Lumi Capital on Acquisition of Indi Business Center in Riga

Walless Advises Lumi Capital on Acquisition of Indi Business Center in Riga

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Walless has advised Lumi Capital on its acquisition of the Indi Business Center in Riga.

According to Walless, the Indi center is “a modern multi-tenant office building in the Ganibu Dambis commercial area ... The building has 12,000 square meters of net leasable area with further development volume. The four-floor building was reconstructed from the historical Riga Electric Machine Building Plant industrial building in several stages from 2008 to 2022.”

The Walless team included Managing Partner Kristine Gaigule-Saveja, Partner Inguna Abele, Associate Partner Andis Ozolins, Senior Associates Baiba Krievina-Sutora and Tatjana Sinkevica, and Associate Ieva Gaile.

Walless did not respond to our inquiry on the matter.

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