Destination Store Ozols, Riga

KS Holding acquired the former shopping centre Galerija Azur in 2016, and redeveloped the site over three years. In November 2019, the destination centre was fully opened to the public with the largest Kesko-Senukai store in Latvia.

K-Senukai, the leading DIY operator in the Baltics, is operating the first of its new concept stores in the Baltic States at Ozols. The flagship is the largest of its kind with more than 20 000 square meters. It specifically caters to the customers of the newly merged K-Senukai and 1A.LV e-commerce operations by providing a dedicated e-commerce pick-up and support zone, enabling customers to conveniently collect online-ordered goods in OZOLS. K-Senukai’s Latvian headquarters are based in 1 000 square meters of office space in the building.

Rimi, Latvia’s leading food hyper operator, opened a 4 000 square meter store Ozols. It become the first to operate the new “Rimi Drive” concept, which allows customers to order online and pick up their shopping without leaving their car.

Other stores at Ozols are a Hesburger Drive-in Café, a Benu pharmacy, Drogas, and Dino Zoo, the pet store.

The asset was exited to Titanium Baltic Real Estate in November 2021.

  • Year of acquisition
  • Transaction type
  • Size sq. m.
  • Investment
  • Status
  • 2016
  • Re-development
  • 30 000
  • 30 million Euro
  • Sold