The world is changing, employees are choosing a hybrid work style, and, in view of the rapid changes and the insufficient availability of a skilled workforce companies are looking to adapt while reducing fixed business costs. According to statistics, hybrid work is one of the key factors in the competition for talent. I am pleased that we will be able to offer to the public our Spaces premium co-working facilities. We have chosen Novira Plaza for a number of reasons, including its location, which will only grow in prestige and convenience following the completion of the Rail Baltica project, as well as the clearly insufficient availability of high-quality, modern spaces in the centre of Riga,’ says Jekaterīna Kosmačeva, Senior Vice-President for the Baltic and Balkan Region.

‘From the early stages of Novira Plaza planning, we knew that it should host the best co-working space in Riga, which would enrich the working environment of this modern premium-class business centre,’ says Jolanta Jurga, CEO of Evernord Asset Management and Founder of Evernord Group, ’Spaces is a powerful brand with a high-quality product, and it will be a good partner for Novira Plaza. The construction works at the Novira Plaza business centre are drawing to a close, and the plaza will open at the end of this year.’

The co-working spaces in the Novira Plaza business centre will offer 250 workplaces for businesspeople, freelancers, start-ups and companies looking for a flexible and dynamic working environment. This partnership will mark the third Spaces location in Riga, in addition to the existing offices in Zunda Towers and the Elemental Business Centre office complex, which will open soon.

Novira Plaza is a modern A-class business centre taking shape in the very centre of Riga. The building will feature numerous green areas and advanced infrastructure suitable for pedestrians, cyclists and motorists alike. The developers aim to be awarded a LEED Platinum certificate during the first years of the building’s operations. The construction works at Novira Plaza are expected to be completed by the end of this year. Novira Plaza is being developed by Evernord Asset Management, a licenced asset management company that currently manages three closed-end investment funds and operates in all three Baltic states. Novira Capital is one of the leading property developers in Estonia.

Along with the new Spaces co-working facilities, Novira Plaza will become the new home for many other tenants, including SIA Wolt Latvia, GoCardless – a fintech company, and PwC Latvia – a business consulting services company.