Workland will open Riga’s biggest coworking space in Galleria Riga. East Capital Real Estate, the owner and manager of Galleria Riga, will invest more than 3 million Euros to turn 3.200 sqm, the whole 5th floor, into offices.
“A convenient and enjoyable place, full of life, is what we thrive for. Our aim is to create the perfect city within the city” says Zane Šulca, manager of Galleria Riga.
It’s a perfect match, more than 300 people will work, meet, eat, train, shop and do errands during the daytime in Galleria Riga. The high-quality office space will be the most modern and flexible in Riga. It will offer spaces for both bigger companies, but also for gig workers and smaller teams. This will be the third and the largest Workland coworking office in Riga and the fourteenth in the Baltics.
Maris Smiltenieks, Chairman of the Board and Country manager of East Capital Real Estate in Latvia, comments, “This is a new milestone for Galleria Riga. Integrating Workland turns Galleria Riga into a modern mixed-use asset and strengthens its role as a strong and sustainable engine for the city centre. It’s one of the several important steps we are taking to create value for people working and living in Riga and for our tenants and investors. We are looking forward to the opening in 2024”.
"Workland coworking centre in Galleria Riga is not your average workspace," says Indrek Hääl, founder and Chairman of the Board of Workland Group. "The location makes it convenient to take a break from work and hit the gym, get a quick bite in a cafe, or do some shopping, all without leaving the building, comments Hääl.
But convenience is not the only factor that makes Workland unique. "Workland coworking centre is setting a new standard for workspaces with its beautifully designed interiors and the highest microclimate standards," explains Indrek. "We are creating a space that inspires creativity, productivity, and collaboration among professionals from different industries."
Indrek Hääl asserts that Workland is at the forefront of the trend towards flexible work arrangements. "Adaptable office spaces that can be flexibly reduced or increased based on the teamwork style and changing number of employees is a must for entrepreneurs," he explains. By offering scalable and flexible office solutions, Workland allows businesses to adapt to changing circumstances and stay ahead of the curve.
Workland is the region's market leader in the network of coworking offices. There are 13 office centres in the Baltics, two of which are in Riga - Workland Telegraph and Workland Verde, five in Tallinn, five in Vilnius and one in Kaunas. Shareholders of Workland are the private equity investor BaltCap alongside the company's management.
The boutique galleria, Galleria Riga, with several unique concepts, is a mixed-use and multi-purpose focal point in central Riga at 67 Dzirnavu Street. The owner of Galleria Riga is East Capital Baltic Property Fund III, which is managed by East Capital Real Estate. It is part of East Capital Group, an independent asset management group from Sweden that has been active in the market since 1997.