The group’s business model provides for purchasing historical buildings with prime retail high street location in central Riga
• Property investment management is our core business to which we bring a depth of experience and a professional and innovative approach. • The business is run by people knowledgeable of and with extensive experience in real estate and property management. • We wish to be known and respected as one of the leading innovators and high quality firms in the real estate industry.
The group’s business model provides for purchasing historical buildings with prime retail high street location in central Riga, incl. Old Riga, at strategically important crossings, carrying out high quality renovation works and further leasing the premises to solvent tenants. Commercial areas owned by the group consist of both trading and office premises that are considered premium-class premises with excellent location, smartly designed layout, high quality finish and furniture, energy efficiency, innovative facilities, etc. Striving to preserve the importance of buildings in terms of the state history, the AS Baltic RE Group is aware, at the same time, of their potential for satisfying the needs of high street vendors and tenants of high-class offices. One of the AS Baltic RE Group’s operational principles is to preserve the importance of buildings and to increase their value further on, which provides not only financial benefits for the AS Baltic RE Group, but also contributes to the maintenance of the historical centre of Riga. In the future, the AS Baltic RE Group plans to purchase commercial areas in central Riga, incl. Old Riga, except vacant land plots.
