Latvia: UAE developer to invest EUR 3bn in Riga’s Andrejsala district

The UAE-based private real estate investment firm, Eagle Hills, plans to invest more than EUR 3bn in the Latvian capital, Riga, over 10-15 years, LSM reports. The company plans to develop an area of around 57 hectares in Riga’s Andrejsala neighbourhood, building more than 6,500 new apartments, outdoor spaces, and a new passenger terminal at…

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Latvia: Vilnis Kirsis elected new mayor of Riga

Latvia’s Riga City Council has elected New Unity’s Vilnis Kirsis as the capital city’s new mayor, LETA reports. Kirsis named street renovation, construction of new housing, and investment in education as his policy priorities. Kirsis served as acting mayor after the resignation of Martins Stakis, who represented the Progressives and Movement For, in early July…

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Latvia: Seven parties form new coalition in Riga City Council

Seven parties in Latvia’s Riga City Council have formed a new coalition, LSM reports. The memorandum of cooperation was signed by New Unity, National Alliance, Latvian Association of Regions (LRA), Code for Riga, Honour to Serve Riga (GKR), For Latvia’s Development (LA), and Movement For. Under the agreement, New Unity’s Vilnis Kirsis will become the…

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