Business in brief
We are part of the Vastint Group, an international real estate organisation with over 30 years of experience. We have been active in the Latvian real estate market since 2003.
The cornerstones of our operations are development of commercial and residential real estate for further active management.
Projects currently completed by Vastint Latvia: the AC Hotel by Marriott Riga hotel building, the A-class office building Zaļā 1, the contemporary residential housing building FUTURIS, Magdelēnas kvartāls – a completely new kind of place to live and work, in which the first phase comprising two residential buildings has already been commissioned, as well as two office buildings of the first phase of office campus Business Garden Rīga. Construction on the first stage of the Lindenholma urban-concept residential housing project is actively underway.
Planning is ongoing for the subsequent stages of construction at Magdelēnas kvartāls, Business Garden Rīga, and Lindenholma.
Vastint works towards positive long term social, economical and environmental solutions and developments. We consider it to be a never ending job to continuously learn more and improve our way of working with sustainability.
It has been a natural part of our operations and everyday life for a long time. Consequently, for many years we have been building to the highest internationally recognised sustainable construction certifications, including LEED, BREEAM and WELL. Vastint strives to achieve LEED Gold alternatively BREEAM Excellent certification, or above, in all new developments and refurbishments.
So far we received around 80 environmental certifications. Also we are proud to own five of the top 10 LEED-certified buildings in Europe and to have built some of the first sustainable buildings in some of the countries we operate in.
Since 2014 we have published an annual Sustainability report focusing on performance of properties, safety of properties, business ethics and certification of properties. Please see this year’s Sustainability report for more information.