Centralizing Operations for Enhanced Efficiency

eften Capital Latvia, a prominent Baltic commercial real estate fund manager, has announced its relocation to new office premises within the “New Teika” Business Quarter.This move signifies a strategic step in the company’s growth trajectory, aiming to centralize operations and foster improved internal collaboration.

Viktor Savin, chairman of Eften Capital, emphasized the importance of this consolidation: The move will facilitate centralization of operations, improve internal cooperation and optimize work processes. The new office space provides a modern and comfortable work habitat for the team, allowing all Eften Capital to work in one place for employees.

New Teika: A Hub for Innovation and Collaboration

The decision to move to “new Teika” reflects Eften Capital’s commitment to a modern and strategically advantageous location. the business quarter is known for its robust infrastructure and dynamic environment,fostering collaboration among diverse businesses. This environment is expected to provide Eften Capital with a deeper understanding of its customers’ needs, ultimately enhancing the services offered across its portfolio.

Martins bubens, head of Newcom Construction, which also occupies space in New Teika, highlighted the importance of the environment: It is crucial for us to be in an environment that meets high quality and innovation standards.The New Teika offers not only modern infrastructure, but also an environment that promotes business development and mutual cooperation between professionals from different sectors.

Strategic Co-location with Newcom Construction

Notably, Newcom Construction, a construction firm, shares the same floor as Eften Capital within the “New Teika” complex. This co-location is expected to enrich the business environment and promote further development within the quarter.

Eften Capital’s Diverse Real Estate Portfolio

Eften Capital manages a diverse real estate portfolio, encompassing office buildings, logistics centers, and residential developments under the “Eften Residential” and “Eften Living” brands. This diversified approach positions the company as a versatile and competitive management fund within the Baltic real estate market. As of early 2025, the demand for residential real estate in the Baltics continues to rise, with a projected growth of 5% in rental yields, making Eften’s residential ventures particularly promising.

New Teika: A Landmark Business Centre

Eften Capital became the owner of the “New Teika” complex in 2021. “New Teika” stands as one of latvia’s largest business centers, comprising four modern office buildings: Walter, Ausma, Theodore, and Henrich. The complex is home to numerous international corporations, including Tech Mahindra, Norwegian Air, Alstom, Tetrapak, LG Electronics, Siemens, Gjensidige, DnB Nord, Cabot Latvia, and Epam. This diverse tenant base contributes to a dynamic and innovative business environment.