News

First stage of Magdelēnas kvartāls named “Best New Residential Building 2018”.

2019 / 04 / 03

On 28 March 2019, at the award ceremony for “Best Building in Latvia 2018”, the first stage of Magdelēnas kvartāls received the highest recognition from construction industry experts who deemed it “Best New Residential Building 2018”.

A joint endeavour of 20 public organisations in the construction business, this was the 21st year of the awards programme. Its aim is to promote the quality of construction processes by evaluating projects according to clearly defined quality criteria. The evaluation of construction projects is carried out by a panel of 50 experts who have been delegated by 26 state and public construction organisations.

The first phase of construction of Magdelēnas kvartāls can now boast with having received three awards recognising its high quality and sustainability: “Best Commercial Object” in the category “Most Sustainable Project in Latvia 2017”; 1st place in Latvijas Būvniecība magazine’s 2018 annual awards in the category “New Residential Building”; and now, 1st place in the “Best Building in Latvia 2018” competition in the category “Best New Residential Building”.

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Svetlana Lehnovica Sales Manager Zaļā Street 1, Rīga, LV-1010 +371 2000 5959 svetlana.lehnovica@colliers.com More about the purchase

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Vastint Latvia is a part of Vastint Group – an international real estate organisation with over 25 years of experience. We have been active in the Latvian real estate market since 2003. The cornerstones of our operations include management of portfolio properties and the development of commercial real estate, including residential development and sales.


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