Under the reorganisation of the companies of the group of ABLV Bank, AS in liquidation, New Hanza Capital, AS has become the owner of 100% of shares of NHC 5, SIA company.  

Thus New Hanza Capital, AS real estate portfolio now includes two new objects in Riga – an office building at 23 Elizabetes Street (total space 4324.9 m²) and office premises at 21A-102 Elizabetes Street (total space 688.1 m²). For the execution of the transaction there were the funds of the company and a loan used. The amount of the deal shall be listed in the liquidation report of ABLV Bank, AS in liquidation for January 2019 (in “Cash from recovered investments”) that shall be published in the official newspaper “Latvijas Vēstnesis” after 10 February 2019.  

New Hanza Capital, AS is a company founded in 2006 that has been investing its funds in commercial properties. The objectives of its operation includes investing own and third party funds in commercial real estate objects to achieve sustainable increase in income from renting the premises, long-term capital growth and enlarging of the value of properties. The company’s real estate portfolio includes office buildings at VEF neighbourhood, airBaltic central office at Riga International Airport, logistics centres in Riga and Ķekava Region and other objects. The total leasable area of the premises exceeds 75 thousand square metres.

         Jānis Bunte
         PR Specialist
         Tel.: +371 6777 5432