19 Skunu Street

19 Skunu Street

(our realized project)

 

Location: this corner building faces Dome Square and is the only private building on the square; it has 14 large shop windows and 56 windows.

 

The building at Šķūņu Street 19 was built in the 18th century by a project of architect Cristoph Haberland (1750 – 1803) as a mixed use building and in 1872 was reconstructed by architect John Friederich Baumann; the building facade is registered as an architectural monument of state’s importance. It faces Dome Square with a spectacular view of the Dome Cathedral and the former Riga Stock Exchange. After the building was acquired in 2009, Baltic RE Group carried out extensive renovation and repair works (in 2010) making use of high-quality finishing materials, inter alia renovated the 2nd floor in full modifying its use as a retail area, and renewing the entrance and the office area.

 

In 2014 additional refurbishment works were performed and the facade was fully illuminated.

 

At the end of 2017, a full reconstruction of the facade was performed and at the begining of 2022 an extensive renovation of the building’s interior was performed.

 

The building is fully powered by green electricity, whose production process uses entirely renewable energy resources.

 

The main tenants of the building are RIMI, one of the largest retail chains in Latvia and the Baltics, i-Standards, who develops and delivers a range of digital solutions for the Nordic market based on Microsoft technology, ZAB Ecovis Convents, legal consultancy firm, and Eco Beauty, small shop which offers natural cosmetics and souvenirs, offering products made in Latvia.

 

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