Orkla Eiendom completed the acquisition of Artilerijas 55 and Miera 22 from Orkla Latvija.

Orkla Eiendom, a real estate company, completed the acquisition of Artilerijas 55 and Miera 22, Latvian real estate companies, from Orkla Latvija, a producer and supplier of fast-moving consumer goods. Financial terms were not disclosed. As a result of the transaction, Orkla Eiendom gained control of real estate assets in Riga, including the well-known Staburadze territory at the intersection of Tallinas and Artilerijas Streets, as well as several properties on Miera Street, notably, the building housing Orkla’s local offices and the Chocolate Museum.