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Riga Plaza

Riga Plaza
Status: Private Equity

Riga Plaza

Latvia

Riga Plaza is a shopping and entertainment center which opened in 2009 as a 50/50 partnership between NCH and an experienced developer of retail malls in Eastern Europe. It is a leading upmarket destination mall in Latvia. Constructed on land that had been previously purchased by an NCH fund, Riga Plaza is only 3.5 kilometers from Riga city center, on the left bank of the River Daugava, with direct access to the Salu Bridge leading to the city center. In 2016, the partnership exited its investment in Riga Plaza through a sale to a US-based asset manager.