1 Kungu Street

1 Kungu Street

(owned and managed)

 

Location: in the centre of Townhall Square (sole private building), the site of the Townhall of Riga and of the Blackhead House, the most visited monument in the Baltics.

 

The building was built in 2001 by a project of architect Zane Kalinka on the base of the historical Kamarin House. After the building was acquired in 2010, Baltic RE Group carried out extensive renovation and repair works, making use of high-quality finishing materials, and recovering for the retail use extensive areas in the basement and on the 2nd floor. In 2011, the building facade was redone and illuminated. Currently, the Issuer submitted to the relevant authorities a project to extend the leasable area of the building by creating new premises in the attic and modifying existing technical spaces.

 

The building is the headquarter of the Financial and Capital Market Commission (FKTK); another significant tenant is Costa Coffee, a worldwide recognized international coffee shop chain.

Technical data

  • Gross Building Area: 3 989.06 m2
  • Total Internal Area: 3 499.88 m2
  • Leasable area: 2 916.86 m2
  • Number of floors: 5 + basement and attic
  • Lift: 1
Arita Rimkusa
Arita Rimkusa
Office manager

Our benefits

1
Real estate innovative property management
2
Commercial Real estate focus
3
Long term view and highly focused vision
4
Solid fundamentals and potential incremental value through active real estate management
5
Well based internal property management
6
Internal record-keeping and reporting activities