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Real estate project at Ģertrūdes Street 56

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Real estate project at Ģertrūdes Street 56

SectorReal Estate Management
CountryLatvia
Entry2025
Fund Size€1.4M
Expected IRR15-25%
PerformanceAbove Plan
First Close07-2025
Term07-2028
Investors21

Ģertrūdes 56 is a well-preserved historic building in the center of Riga that is being renovated and reconfigured into 66 compact apartments, completed with parking spaces and storage units. With an average apartment size of approximately 35 m², the project is an attractive option for first-time homebuyers and private investors alike. The project is being developed in partnership with the Kalvis Urmans Group.

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