A new, multimodal business district Skanstes City

Real estate foundation SG Capital is launching a brand for one of the fastest growing business districts in Riga. Meet - Skanstes City!

All news, Real estate news, SG Capital, Skanstes City, City24

"We are proud and excited to introduce the new, multimodal business district Skanstes City. Under a single, dynamic brand we have united office buildings at Skanstes Street (formerly the SWH Office Centre) and at Duntes Street (formerly Duntes Houses). By investing in the renovation and modernisation of the office buildings, we create a productive and diverse environment for our tenants and guests, where they can work, relax, be inspired and implement new ideas," says Harijs Švarcs, Chairman of SG Capital Board. 

Skanstes City is one of the largest business districts in Riga, with the area offered for lease totalling almost 50 000 m2. Modern class A and B office spaces of 130 m2 are available for rent.

"We provide versatile and flexible solutions taking into account the working specifics and wishes of our tenants, and adapt the space to their needs and creative ideas. Currently we have signed lease agreements for 90% of the space and our premises are already occupied by successful local and international companies such as Krassky, Mintos, Bayer, Containerships, Kapitel, Moller Baltic Import, the State Audit Office of the Republic of Latvia and others. We are excited to see how creative and diverse our tenants are in "bringing their office premises to life", providing the employees with effective, modern and high-quality work environment solutions," H. Švarcs points out.

Wide range of services is available in the new business district, provided by the large number of tenants. Restaurants, health care providers, kindergarten, scooter and car sharing and rental - all of this and other services are available to the tenants and guests of Skanstes City. Along with the development of the business district, the number and variety of the available services also increases.

Skanstes City has a strategically good location and is easy to reach on foot, by bike, by public transport and by car. Extensive options for recreation, shopping, entertainment, education and other pastimes are available as Arena Riga, the Olympic Sports Centre, the BA School of Business and Finance, RIMI, Sky & More are located next to the district. Skanstes City occupies more than 7 hectares, which allows us to continue growing the volume of our business, by constructing new and modern office centres. 


Mārtiņš Barānovs, the Director of the multidesign agency brand:eleven (the authors of Skanstes City brand), says that Skanstes City is an integral and integrated part of the city of Riga, expanding the boundaries of the business centre of Riga along with the opportunities it offers. The brand is developed based on classic values and takes into account the trends of modern cities and business centres. It incorporates features that are topical in other parts of the world, but are still new to Riga, creating the perception of the Skanstes City image. The visual image is expressive and memorable, but at the same time adds to the nature, character and visual energy of the tenants and guests. 

Choose your new office at Skanstes City! E-mail info@skanstescity.lv or call +371 26 443 262. 

SG Capital Partners AIFP (sgcapital.lv) is the manager of Baltic commercial real estate investments operating in Latvia since 2016. SG Capital manages the portfolio of real estate consisting of several office buildings at 50 Skanstes Street, 3 Duntes Street and 39 Brīvības Street with a total leasable commercial space of nearly 50 000 m2.

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