Mar 19 • 11:26 UTC 🇱🇻 Latvia LSM

Real Estate Group ‘Realto’ Acquires Shopping Center ‘Sky&More’

The real estate group Realto has purchased the shopping center Sky&More in Riga, pledging to continue development projects and enhance tenant services.

The Latvian real estate group Realto has successfully acquired the shopping center Sky&More located on Duntes Street in Riga, though the specific financial details of the transaction have not been disclosed. Previously, the center was owned and managed by the company Skai Pluss, which was co-owned 50/50 by Aivars Rubenis and Andris Lontons. The new owners have expressed their commitment to ongoing development projects at the center and will work to gradually enhance the mix of tenants and the services offered, indicating a strategic move to solidify Sky&More's market position in Riga’s retail segment.

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