AS “LNK Industries” starts construction of a high-end apartment building in Riga centre

The construction of a high-end apartment building is launched in Riga, at 7 Cesu Street. One of the leading construction companies in Latvia - “LNK Industries” Joint-Stock Company - executes construction works. It is planned to commission the building at the beginning of 2017.

This is a completely new apartment building project, which meets global trends and offers their tenants a comfortable and secure place in the centre of the city. The author of the project - “Cesu7” Limited Liability Company, represented by western investor - is a team of professional world-famous architects and designers with an extensive experience in implementation of a high-end apartment building projects in a number of cities in Europe.     

The project of the building includes individually planned apartments and what is more important - the building has a convenient underground parking lot for 30 cars and a ground parking for 6 cars. The building will have 32 apartments ranging from 56 m2 to 130 m2. Total living area will amount to 2 400 m2 and 300 m² will be reserved for commercial premises.

 “This will be the first high-end apartment building for exacting tenants with affordable rental prices in the centre of Riga. We are confident about our successful collaboration with construction company AS “LNK Industries”, because besides the experience in execution of such projects in the centre of Riga they also share our modern vision of city centre housing development,” - says Lina Ferbere, a representative and PR manager of the project developer.

The construction will be carried out in a relatively small construction area in the city centre and, as the Member of the Board of AS "LNK Industries" Jevgenijs Locovs explains: "Our company already has a broad experience in construction of residential buildings in the city centre, therefore we can guarantee the high quality of construction for our part. We think that in the current geopolitical situation it is important that foreign investors see the business opportunities in Latvia and we hope that international capital will aid the development of our country." 

About LNK Industries JSC

LNK Industries JSC, which is part of the LNK Group holding company, specialises in implementation of innovative turnkey construction and manufacturing projects. The main scope of activity of LNK Industries is construction of civil, manufacturing and infrastructural objects. The enterprise is specialising in design, manufacture and installation of transportation technology systems and non-standard equipment, as well as in manufacture of reinforced concrete structures and large-size steel structures: www.lnk-industries.lv

About the LNK Group holding company

The LNK Group holding company was founded in 1988. It consists of 18 enterprises that operate in three main areas: construction and manufacture (LNK Industries), calculations, testing and maintenance of aircraft (LNK Aerospace) and real estate development (LNK Properties). More information about the LNK Group holding company at the website: www.lnk.lv

Additional information:

Inga Domka
LNK Group Public Relations and Marketing Project Manager
Phone: +371 6621 0222
M. phone:+371 2563 9882