From Belgrade to Riga: What Landmark Waterfront Developments Teach Us About Future Value
27-04-2026
Mercury Group Director Irina Alazova returned from Belgrade, where she visited Belgrade Waterfront and met with the team behind one of the region's largest urban development projects. This trip provided important insights into how landmark projects are created, why initial skepticism often translates into long-term value, and why the most powerful investment opportunities emerge before the market fully embraces them. Today, a similar scenario is beginning to emerge in Riga, around Riga Waterfront. Read Irina's full article about why a city's future often becomes apparent before the market recognizes it.
One of Riga Centre’s most significant historic buildings has changed hands
22-04-2026
A transaction has been completed involving one of the largest and most architecturally significant historic properties in Riga’s city centre. Located at 5a Blaumaņa Street and originally built in 1913, the building stands in the very heart of the capital - where historic Riga meets the long-term potential of a modern urban environment.
21-04-2026
The 2026 market in Latvia is not about speculative gains - it’s a market for the disciplined investor. Luxury is always in demand, yet supply remains limited, and rental opportunities are strong.
Vidzemes Market Is Preparing to Become One of Riga’s Most Distinctive Public Spaces
20-04-2026
Vidzemes Market in Riga is entering a new chapter. Over the next few years, this historic site at Brīvības iela 90A is expected to undergo a major transformation — not simply into a renovated market, but into a lively urban destination shaped by retail, food, culture and everyday city life. The concept is planned for full completion by the end of 2028, while market activity is expected to continue throughout the reconstruction period.
