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JSC “Latvian Shipping Company” has sold House of Press

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JSC “Latvian Shipping Company” has sold House of Press

june 27, 2017 / Latvian Shipping Company

JSC “Latvian Shipping Company” (LSC) subsidiary SIA "LASCO Investment" has sold Preses nams to SIA "PN Project" managed by “Lords LB Asset Management”, a Lithuanian real estate development company. The deal value is 16.8 million EUR.

“As a socially responsible company we are delighted that Preses nams has been acquired by a company with significant real estate experience and we very much look forward to witness the redevelopment of the site over the coming 5-10 years,” explains the LSC Chairman of the Management Board Robert Kirkup.