The Project, located at Roberta Feldmana street 2 and Bremenes street 1A in Riga, Latvia, consists of the acquisition of 2 land plots and 9 partially constructed residential buildings located in very heart of Mezaparks and close to Lake Kisezers. The Project has a valid construction permit.
Project’s Sponsor is Capital Mill OÜ, one of the largest professional real estate investors and developers investors in Baltic countries. Since its inception in 2008, Capital Mill has invested more than 300 million euros into Baltic real estate projects. Company’s current investment portfolio consists of office buildings, shopping centers and manufacturing and warehouse buildings, located across all three Baltic countries.
Crowdestate's investors have an opportunity to invest up to 1.575.000 euros into this Project, to acquire 35% equity stake in the development company and receive the proportional part of project's profits, paid out as variable interest. Investment time horizon is circa 28 months with an estimated net return (IRR) of 23.26% per annum.
Project offered by