On July 18, 2024, the subsidiary of Hepsor AS, Hepsor E18 SIA, acquired a property in Riga, Eiženijas iela 18. The development will include two apartment buildings with a total of 54 apartments and a total sellable area of 2,800 m². Construction will begin in the third quarter of 2025.
In addition to this, Hepsor has other residential developments in Riga – Nameja Rezidence (https://hepsor.lv/namejarezidence/home/?=eng) with 38 apartments will be completed in the third quarter of 2024, and the Annenhof Majas (https://hepsor.lv/annenhofmajas/en/) with 40 apartments is scheduled for completion in early 2025. With the addition of this new development, Hepsor’s residential development portfolio in Riga will total 242 homes.
