Business Centre in Riga's Central District Secured Through Investment by Satekles Commission
With a strategic investment in the heart of Riga, Baltic real estate developer Linstow Baltic officially opens the SATEKLES BIZNESA CENTRS, a state-of-the-art office complex boasting 13,500 m². This move solidifies the neighborhood as a key business hub, bolstering the Riga Central Business District's position among the Baltics' leading commercial zones. The project marks a €36 million investment.
According to Frode Grønvold, Linstow Baltic's Chairman of the Board, the SATEKLES BIZNESA CENTRS is the next step in revitalizing the Riga Central Business District, fostering a sustainable, competitive business environment. The complex offers modern, eco-friendly workspaces while seamlessly integrating historical architecture, embodying Linstow's commitment to preserving cultural heritage.
Constructed from three interconnected buildings, including a historic wooden structure, the SATEKLES BIZNESA CENTRS showcases a harmonious blend of modern technology and traditional aesthetics. Energy-efficient and environmentally sustainable solutions improve resource efficiency and enhance tenant wellbeing.
Strategically situated next to the main multimodal transport hub and the future Rail Baltica line, the complex offers tenants and their employees outstanding mobility and access within Riga, the region, and beyond.
The SATEKLES BIZNESA CENTRS is designed for businesses that value a strategic location, high-quality infrastructure, and modern, sustainable solutions. SEB banka serves as the anchor tenant, with flexible office and commercial space options ranging from 120 to 400 m² per floor. With 2,200 m² still available, the complex caters to businesses of all sizes looking for a technologically advanced, eco-conscious, and employee-friendly environment in central Riga.
Celebrating sustainability, the complex received an outstanding BREEAM rating at the design stage, the only such recognition in Latvia at that time. The final BREEAM certification is expected to confirm the complex's ongoing commitment to sustainability during its entire lifecycle.
Conveniently located between Elizabetes, Ernesta Birznieka-Upīša, Dzirnavu, and Satekles streets, the SATEKLES BIZNESA CENTRS is part of Riga's Central Business District's ongoing development, with Linstow Baltic leading the way following major projects like the expansion of the Origo shopping centre and the development of the Origo One A-class office centre.
In 2023, Linstow Baltic solidified its status in the Riga commercial real estate market by acquiring seven additional land plots in the area. Established in 1996, Linstow Baltic continues to develop and manage long-term real estate projects across various segments in the Baltics, including office buildings, shopping centers, hotels, and parking lots. More information can be found at www.linstowbaltic.lv.
- The SATEKLES BIZNESA CENTRS, with its eco-friendly workspaces, seamlessly combines modern technology and traditional aesthetics, demonstrating Linstow's dedication to both sustainable business practices and preserving cultural heritage.
- The strategic location of the SATEKLES BIZNESA CENTRS next to the main multimodal transport hub and the future Rail Baltica line positions it as a hub for businesses seeking easy access within Riga, the region, and beyond, thereby offering tenants outstanding mobility and connectivity.
- In addition to supporting the growth of the Riga Central Business District as a leading commercial zone, the €36 million investment in the SATEKLES BIZNESA CENTRS is also a significant step in Linstow Baltic's long-term strategy for business growth, finance, and real estate development in the Baltics.
