OREANDA-NEWS. September 23, 2014. Bank Snoras bankruptcy administrator sold the former Latvijas Krajbanka headquarters in Riga. The value of the deal amounts to EUR 10.5 million. The building was sold to Latvijas Novitates Komplekss subsidiary JD15.

The building was built in 2006. It has an area of around 10.5 thousand square metres. The buyer of the building Latvijas Novitates Komplekss plans to invest into the building and modernize it to meet Class A office building standards.

The sale of the real estate in Riga of the bankrupt bank Snoras is carried out by real estate enterprise Colliers International Advisors. Latvijas Krajbanka headquarters were sold during the free sale.