Hepsor RD5 SIA, Hepsor AS group company, and Latvian affiliate of Bigbank AS signed a 4 million loan agreement on 20 April 2023. The purpose of the three-year loan is to finance the construction of Name Rezidence development project in Riga.
The construction and sales of the project of 38-apartments has already started and the project will be completed in the first quarter of 2024.
According to Henri Laks, member of the Management Board, the Nameja Rezidence development project represents the green way of thinking promoted by the Group combining it with the comforts of the city life with the surrounding green areas and peaceful living environment. ” We started with the sale of homes in the valued peaceful and green area of Āgenskalns at the end of the year, and to date approximately 24% of the apartments have already been sold. Home buyers today increasingly appreciate an environmentally conscious approach, including the proximity of green areas, A-energy class label, charging points for electric cars, storage rooms for bicycles and baby carriages, and playgrounds. We have put emphasis on all of this in the development of the Nameja Rezidence project. Additionally, we have already sold 111 homes of 116 in Kuldigas Parks, a development project located in the same neighbourhood,” said Laks.
Together with Nameja residence project (38 apartments), the group has six residential development projects with a total of 527 apartments under construction and available for sale, including Manufaktuuri 7 (154 apartments), Ojakalda Kodud (101 apartments) and Lilleküla Kodud (26 apartments) in Estonia and Kuldīgas Parks (116 apartments) and Mārupes Dārzs (92 apartments) in Latvia.