I left Riga four years ago, and now I come here a couple of times a month. And today, while going for a morning jog, I decided to look at the city not as a professional, but as just a tourist runner.
I ran from Kipsala, through the Quiet Center to Skanstes and back. And suddenly I noticed how much Riga had changed! How beautiful the new office buildings on Skanstes are. Modern urban environment, beautiful architecture, high ambitions. Everything I dreamed of 10 years ago has been built or is being built today. Ok, not all, but definitely half!
But when I finished, the boring professional spoke in my head again. The vacancy level, demographic problems, comparison with other Baltic capitals... And new challenges lie ahead - the geopolitical situation, the outflow of institutional investors, the economic situation.
I wish success and patience to my partners, who each make Riga more beautiful Colliers CBRE Baltics Mogotel
This economic cycle has brought a lot of good things. And let this trend continue!
Staro Rīga! Es mīlu tevi!
Dmitri Heliste
#PROFILINVEST #InvestinLatvia #Riga #BalticRealEstate
Head Corporate Real Estate Portfolio Management CH at UBS
2moCongrats and welcome to Zurich! Sky is the limit 🚀