New shopping, holiday and tourism destination in the
Transcript of New shopping, holiday and tourism destination in the
• New shopping, holiday and tourism destination in the
Baltic region
• Shopping village with up to 120 premium brand stores,
restaurants, cafes and other leisure services
• Leasable area: more than 22 000 m2
• The first phase (10 000 m2) to be opened in 2022
Best possible location
• Located at the main highway in the
Baltic states: Via Baltica
• 18 km (25 min driving time) from the
centre of Riga – the largest city in the
Baltics
• Public transport
• Two other Baltic capitals – Tallinn and
Vilnius – are in equal distance: 300 km
• 35 minutes driving time from Riga
airport
5.6 million customers
• 1 hour drive time includes whole
Riga agglomeration (1 million
people)
• 4 hours drive time: 5.6 million
people, all Baltic cities
Limited competition
• No other existing
outlet villages in the
region
Development
• 8.72 ha large area for outlets
• Phase I: 10 000 m2 lease area, end of 2022
• Phase II: 10 000 – 15 000 m2 lease area, end
of 2024
• Optional phase III
• Expected rental income, 2023: EUR 4,7
million
• IRR (profitability): 19,85%
Riga Outlet Village
• Adress: Riga, Gunara Astras iela 5C,
LV-1084
• Email: [email protected]
• Web: https://outletriga.lv
• Tel: +371 23276324