Covering an area of more than 1.5 hectares, there are several buildings with a total GBA of more than 17 000 sqm, including the monumental 5-storey factory with its extraordinary brick facade.
Giovanni dalla Zonca, Founder and CEO of Baltic RE Group, says: \u201cWe see the tremendous potential in the opportunity to give new life to a building that is unparalleled and deserves to be returned to the city. It is a privilege and a responsibility. The old R\u012bga Black Balsam factory is of exceptional architectural beauty, with a wonderful facade that amazes us every time. The building is surrounded by greenery, overlooking the park of Viesturd\u0101rzs from which you can enjoy a spectacular view of the building. We deeply feel the challenge of creating something unique here. In addition, the old factory is perfectly inserted in the new district around Skantes Street where the real CBD of Riga is finally being built thanks to important and quality investments. I am convinced that the extraordinary charm of the building will make it one of the landmark properties of the district and of the entire city.\u201d.
Baltic RE Group was advised in the transaction by Ecovis Convents Law Office, while the seller was advised by Ellex Klavins.<\/p>","protected":false},"excerpt":{"rendered":"
Vair\u0101k nek\u0101 1,5 hekt\u0101ru pla\u0161aj\u0101 teritorij\u0101 atrodas vair\u0101kas \u0113kas, kuru kop\u0113j\u0101 plat\u012bba veido vair\u0101k nek\u0101 17 [\u2026]<\/p>","protected":false},"author":1,"featured_media":482,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","inline_featured_image":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-577","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-jaunums"],"meta_box":{"izcelums":"Baltic RE Group, AS has bought from Orkla Eiendom the Riga Black Balsam historical factory where Albert Wolfschmidt started to manufacture the world-famous herbal balsam. The building was built in 1847 according to a project in the development of which such exceptional Latvian architects as Gustav Winkler, Carl Felsko, Wilhelm Bockslaff were involved."},"_links":{"self":[{"href":"https:\/\/new.balticregroup.com\/lv\/wp-json\/wp\/v2\/posts\/577","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.balticregroup.com\/lv\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.balticregroup.com\/lv\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.balticregroup.com\/lv\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.balticregroup.com\/lv\/wp-json\/wp\/v2\/comments?post=577"}],"version-history":[{"count":3,"href":"https:\/\/new.balticregroup.com\/lv\/wp-json\/wp\/v2\/posts\/577\/revisions"}],"predecessor-version":[{"id":580,"href":"https:\/\/new.balticregroup.com\/lv\/wp-json\/wp\/v2\/posts\/577\/revisions\/580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.balticregroup.com\/lv\/wp-json\/wp\/v2\/media\/482"}],"wp:attachment":[{"href":"https:\/\/new.balticregroup.com\/lv\/wp-json\/wp\/v2\/media?parent=577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.balticregroup.com\/lv\/wp-json\/wp\/v2\/categories?post=577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.balticregroup.com\/lv\/wp-json\/wp\/v2\/tags?post=577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}