LNK Properties
LNK Properties is a privately held Latvian real estate developer in Riga with 30+ years of experience delivering commercial (175,000 m²), residential (57,000 m², 15+ projects), and sports properties. It sells directly to enterprise tenants and individual buyers through dedicated sales teams.
- Company typePrivate
- Founded-
- HeadquartersRiga, Latvia
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What LNK Properties does
LNK Properties (legal entity SIA "LNK PROPERTIES", reg. 40103908443) is a privately held Latvian real estate developer headquartered in Riga with over 30 years of operating history. The company develops and sells commercial real estate (office buildings, industrial parks, business centers) and residential properties (apartments, penthouses, seaside and forest developments) across Riga and Jurmala, and has expanded into sports infrastructure through LNK Sporta Parks and the Tonybet Padel arena. Its commercial portfolio totals approximately 175,000 m² across nine properties, while its residential portfolio exceeds 57,000 m² across more than 15 completed projects, including flagship developments such as Heart of Hanza, Renaissance, Jasmine Garden, and Blueberry.
The company's core technology centers on sustainable construction practices, including Class A and A+ energy efficiency standards, advanced thermal insulation exceeding European norms, ventilated facades, monolithic reinforced concrete structures, and smart building integrations. These capabilities are validated by the LEED certification earned by the V118 office center and the A+ energy efficiency class awarded to Heart of Hanza. Construction is executed through partner firms including LNK Industries (an affiliated construction entity) and Hanza Construction Group, with architectural design handled by partner bureaus such as AB3D Arhitekti, Sarma Norde, and Juris Mitenbergs.
LNK Properties operates a direct-to-consumer, project-based sales model: properties are sold individually through dedicated sales teams (commercial and residential departments), with pricing handled on a quote/per-transaction basis rather than publicly disclosed. Revenue is generated through one-time sale events on commercial properties (industrial parks, office buildings) and residential properties (business-class apartments, premium units, exclusive land parcels). The company is financed through a combination of owner equity and project-level debt, notably a €17 million BluOr Bank facility for Heart of Hanza. Customer segments are horizontal: businesses seeking commercial space and individuals/families seeking residential properties ranging from economy to premium class.
LNK Properties firmographics
Firmographics- Name
- LNK Properties
- Legal name
- SIA "LNK PROPERTIES"
- Website
- https://lnk-properties.lv
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- LNK Properties is a privately held Latvian real estate developer in Riga with 30+ years of experience delivering commercial (175,000 m²), residential (57,000 m², 15+ projects), and sports properties. It sells directly to enterprise tenants and individual buyers through dedicated sales teams.
- Ownership category
- akta.pro rank
LNK Properties industry classification
Industry- Product category
- Real Estate Development
- NAICS
- Other Activities Related to Real Estate (53139)
- SIC
- Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industry
- New Construction & Builder Sales (BPAJAAAB)
Keywords
Where LNK Properties is headquartered
LocationHeadquarters
- HQ city
- Riga
- HQ country
- Latvia
- HQ region
- Europe
Offices2 records
Markets served
LNK Properties business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Commercial Property Development and Sales: Development and sale of industrial parks, office buildings, and commercial spaces including V118, Granita Industrial Park, Dienvidu Vārti, Kalnciema Biroji, Deglava Biroji, Mūkusalas Biroji, Baltijas Industriālais Parks, and Dārzciema Biroji
- Residential Property Development and Sales: Development and sale of residential complexes including Heart of Hanza, Tūjas pie jūras, New Jurmala, Renaissance, Audēju Street 7, Gardenika, TWENTY, Zaubes Nams, Jasmine Garden, Blueberry, and Lielupes Nams
- Sports Infrastructure: Development of sports complexes including LNK Sporta Parks (65,000 m² multi-functional sports complex) and Tonybet Padel arena
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
LNK Properties product offering
Product offeringCore offering
LNK Properties develops and sells commercial real estate (Class A office buildings, industrial parks, business centres, and sports facilities totaling ~175,000 m²) and residential real estate (apartments, residential complexes, penthouses, and seaside/coastal homes totaling 57,000 m² across 15+ projects) in Riga, Jurmala, and surrounding regions of Latvia. The company operates a direct sales model with separate commercial and residential sales departments, delivering energy-efficient and LEED/A+ certified buildings through partnerships with construction firms (LNK Industries, Hanza Construction Group) and architectural studios (AB3D Arhitekti, Sarma Norde, Juris Mitenbergs).
Product overview
LNK Properties is a Latvian real estate developer with over 30 years of experience developing commercial and residential properties. The company operates two main property categories: Commercial Properties (office buildings, industrial parks, business centres, and sports facilities) and Residential Properties (apartments, houses, and land developments). Commercial portfolio includes V118 office building, Granita Industrial Park, Dienvidu Vārti, Kalnciema Biroji, Deglava Biroji, Mūkusalas Biroji, LNK Sporta Parks, Baltijas Industriālais Parks, and Dārzciema Biroji totaling approximately 175,000 m². Residential portfolio includes Heart of Hanza, Tūjas pie jūras, New Jurmala, Renaissance, Audēju Street 7, Gardenika, TWENTY, Zaubes nams, Jasmine Garden, Blueberry, and Lielupes nams with over 57,000 m² and more than 15 completed residential projects. The company also developed Tonybet Padel Arena, a premium sports facility.
Differentiator
Problem solved
Functional benefit
Products and services
- V118 Class A office building in downtown Riga's center offering modern, LEED-certified, high-class office space for businesses and organizations seeking premium commercial real estate.
- Granita Industrial Park
Quantifiable outcome
- Buildings with A+ energy efficiency rating achieved for Heart of Hanza project
- +1 more outcomes
Companies that use LNK Properties
Customer profileSegments2 records
Ideal customer profiles2 records
LNK Properties technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
LNK Properties partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and supporting.
- AB3D ArhitekticoreAB3D Arhitekti served as the architecture and interior design authors for the Heart of Hanza project, contributing to its modern architectural vision and functional design.
- LNK IndustriescoreLNK Industries conducted construction works for the Heart of Hanza project, ensuring quality execution of the development.
- ZALA Landscape ArchitectssupportingZALA Landscape Architects developed the landscaping for Heart of Hanza project, contributing to the green environment and outdoor spaces.
- Sarma NordecoreSarma Norde architectural bureau developed the architecture and interior design for the Renaissance residential building, creating the minimalist and harmonious architectural concept.
- Juris MitenbergscoreJuris Mitenbergs served as the architect for the Jasmine Garden residential project, designing the modern business-class residential complex.
- ArtedekosupportingArtedeko provided interior design services for the Jasmine Garden residential project, delivering three aesthetic design options from classic to modern minimalist.
- Hanza Construction GroupcoreHanza Construction Group constructed the Tonybet Padel arena, completing the premium padel center in 7.5 months despite challenging winter conditions. The company is a key construction partner for LNK Properties' sports infrastructure projects.
- LNK Charitable FoundationsupportingLNK Charitable Foundation has been conducting charitable work since 2010, helping children and adults with health problems, supporting disadvantaged people and pensioners, caring for animals, and supporting sports, culture and educational projects. Annual contribution budget amounts to EUR 150,000.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
LNK Properties competitors and assessment
Company assessmentOthers
- Ober-Haus: Largest real estate services franchise in the Baltics providing brokerage, valuation and advisory across residential and commercial markets. Comparable as an adjacent real estate services ecosystem participant in the same regional market LNK operates in.
Regional players
- Capitalica Asset Management: Lithuanian real estate investment and development company operating in the Baltic commercial real estate market. Comparable as a regional Baltic developer and asset operator, though focused on Lithuania rather than Latvia.
- Eften Capital: Estonian real estate investment fund manager focused on commercial property in the Baltics. Comparable as a regional capital partner/operator in Baltic commercial real estate, complementary to LNK's developer profile.
Broad incumbents
- YIT: Finnish-listed construction and real estate developer with longstanding Baltic operations covering residential, commercial and infrastructure. Comparable to LNK as a much larger incumbent operating across overlapping Baltic geographies and asset classes.
- Bonava: Swedish-listed homebuilder (formerly part of NCC) with Baltic operations developing multi-family residential projects. Comparable to LNK's residential developer model at a larger, publicly listed scale and with broader geographic reach.
Direct peers
- Merko Ehitus: Estonian construction and real estate development group with residential and commercial projects across the Baltics. Closely comparable to LNK in combining development with construction capability across residential, commercial and infrastructure-grade projects in the region.
- Hepsor: Estonian-headquartered residential real estate developer with growing presence across the Baltic states. Directly comparable to LNK as a regional developer building and selling new residential and mixed-use projects in similar Baltic markets.
- Pro Kapital Grupp: Baltic real estate developer focused on premium residential and mixed-use developments in Riga, Tallinn and Vilnius. Directly comparable to LNK's premium Riga positioning and residential-led pipeline, including waterfront and central-city projects.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
LNK Properties social profiles
Digital presenceLNK Properties compliance and trust
Trust signalCompliance2 records
LNK Properties financial estimates
Financial estimateRevenue estimate
Valuation estimate
LNK Properties leadership team
Management profileNumber of profiles
Profiles9 records
LNK Properties funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LNK Properties M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LNK Properties
What does LNK Properties do?
LNK Properties develops and sells commercial real estate (Class A office buildings, industrial parks, business centres, and sports facilities totaling ~175,000 m²) and residential real estate (apartments, residential complexes, penthouses, and seaside/coastal homes totaling 57,000 m² across 15+ projects) in Riga, Jurmala, and surrounding regions of Latvia. The company operates a direct sales model with separate commercial and residential sales departments, delivering energy-efficient and LEED/A+ certified buildings through partnerships with construction firms (LNK Industries, Hanza Construction Group) and architectural studios (AB3D Arhitekti, Sarma Norde, Juris Mitenbergs).
Is LNK Properties a public or private company?
LNK Properties is a private company. It is classified as unknown and is currently operating.
When was LNK Properties founded?
LNK Properties was founded in -1. It employs 1 to 10 people.
Where is LNK Properties based?
LNK Properties is headquartered in Riga, Latvia, in the Europe region.
How does LNK Properties make money?
Three revenue lines are on record. Commercial Property Development and Sales are the primary driver. The others are residential Property Development and Sales and sports Infrastructure.
Who are LNK Properties's main competitors?
Ober-Haus is listed as an others. Regional players are Capitalica Asset Management and Eften Capital. Broad incumbents are YIT and Bonava. Direct peers are Merko Ehitus, Hepsor and Pro Kapital Grupp.
Does LNK Properties have an API?
No public API is recorded for LNK Properties.
What industry is LNK Properties in?
LNK Properties's product category is Real Estate Development. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of BPAJAAAB, New Construction & Builder Sales. Its NAICS code is 53139 and its SIC code is 6532.