AprÝs ski on the Baltic

Latvia is the next country in our CEE Top Projects series of articles. It has an estimated population of 2.29 mln and an area of 64,589 sq km, a little smaller than Ireland. But the statistic that leaps off the page at you is the GDP growth – a whopping 10.85 pct per annum. A look at some of the projects which have contributed to this growth rateStarting with the logistics sector, Dominante Park lies in Kekava (42 km away from Riga, which when renovation work is completed will offer 110,000 sqm of space to rent for both heavy and light industrial use. As for office projects, the most significant one coming into commission this year is the Rietumu Capital Centre on Vesetas St in the eastern part of Riga city. This complex is being marketed as the first class A+++ office building in Latvia, and is to be the new headquarters of the developer of the building, Rietumu Banka commercial bank, which is to occupy 70 pct of the property, while the remaining office space will be leased to o