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SIA EfTEN Domina secures €2.478 million investment from EfTEN United Property Fund for a 5.9% stake acquisition in the Domina shopping center in Riga.

PRIVATEAug 05, 20264 days ago

Amount Raised

€2.48 Million

Round Type

Seed

LatviaReal Estate

Investors

Ef Ten United Property Fund

Description

EfTEN United Property Fund is investing €2.478 million to acquire a 5.9% stake in SIA EfTEN Domina, which owns the Domina shopping center in Riga. Previously, the fund held a 0.71% position indirectly through EfTEN Kinnisvarafond II AS. The deal is set to be completed by the end of August, increasing the shopping property share in the fund's portfolio.

Company Information

Company

SIA EfTEN Domina

Location

Latvia

About

EfTEN United Property Fund is an investment fund focused on acquiring and managing commercial real estate. The fund aims to enhance its portfolio's value through strategic investments in prime properties. Currently, it is investing in the Domina shopping center located in Riga, Latvia. The fund has previously held a minority stake in the center and is increasing its investment.

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