Preses nama kvartāls
Claim your share of future Riga
About the project
A new business district reshaping Riga’s left bank
Preses Nama Kvartāls is a modern, mixed-use urban development rising in the heart of Pārdaugava. Built around the historic former Press House building, the project combines Class A office spaces, retail and public infrastructure. With a focus on sustainability, smart design, and community value, the quarter is set to become Riga’s new business and innovation hub—connecting people, ideas, and opportunities in one dynamic location.
Development progress
Construction schedule
Tenants
Designed for Ambitious Tenants
Preses Nams Quarter is built for modern businesses — from shared service centers and tech firms to financial institutions and coworking operators. Its flexible layouts, spacious floorplates (up to 170 people per floor), and high visibility from Krišjāņa Valdemāra Street and Vanšu Bridge make it ideal for companies seeking both functionality and recognition.
Panoramic views of the Daugava River and Riga’s skyline
Excellent infrastructure
Flexible office planning options
Sustainability certificate BREEAM Excellent
Lease overview, m²
Location
Balasta dambis 2, Rīga, LV-1048
View from project site
About the bonds
Key details of the third tranche:
1,017 €
Issue price
10%
Yield
June 2027
Maturity date
Semi-annually
Cupon payment frequency
1,017 €
Minimum investment
General information
Calendar
Subscription period
July 14-28, 2025
Issue date
August 4, 2025
Maturity date
June 4, 2027
Use of Proceeds & Investor Security
Why invest?
Real, tangible asset
Large-scale, income-generating development in a central location with long-term value.
Advanced project stage
With the main construction phase nearing completion, execution and timeline risks are significantly reduced, offering greater predictability for investors.
Substantial participation by manager
Lords LB Asset Management and related parties have invested €10 million of their own capital, demonstrating long-term commitment and strong alignment with investors.
Part of an established portfolio
Developed by Lords LB Asset Management, a leading Baltic real estate and infrastructure investment manager.
Direct control over execution
Construction is managed in-house, ensuring tighter cost and timeline oversight.
Verified market demand
99% tenant retention in 2024; pre-leasing activity started ahead of formal outreach.
Transparent governance
Structured delivery model, experienced leadership, and clear investor communication support long-term stability.
About the Lords LB
- 20
- Funds ranging by strategy, sector and style
- 1B+ €
- Assets Under Management
- 60+
- Dedicated investment professionals
Management team
Management board
Supervisory board
Povilas Urbonavičius
Chairman & Fund Manager
Mr Povilas Urbonavičius is an experienced real estate professional with a demonstrated history of working in real estate development. Mr Urbonavičius is skilled in real estate, business development, management and business planning. His prior experience includes leadership positions in Darnu Group and Omberg Group, key players of Lithuanian real estate development field. Povilas Urbonavičius holds a bachelor’s degree in civil engineering.
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Investor Webinar (ENG)
Site progress update (14.05.2025.)
News
FAQ
What is Preses Nama Kvartāls?
It is a large-scale, mixed-use business quarter under development in Pārdaugava, Riga. The first Class A+ office building is already under construction and scheduled for completion in 2026.
What is the maturity date of the bonds?
The bonds mature in 2027. Detailed terms are provided in the offering documents.
Why invest in this project?
This is a rare opportunity to invest in a tangible, high-quality development at a mature stage. The project is already halfway built and highly visible in Riga’s skyline, with strong interest from future tenants.
Who is behind the project?
Preses Nama Kvartāls is developed by AS PN Project, a subsidiary of Lords LB Special Fund V, managed by Lords LB Asset Management — one of the leading real estate investment managers in the Baltics with a strong track record, including previous bond issuances.
How will the funds be used?
The proceeds from the bond issue will be used to finance ongoing construction works and cover associated development costs of the Preses Nama Kvartāls project.
How is investor security ensured?
The bond structure includes specific investor protections and collateral. Full details are available in the prospectus and offering documentation.
What are the risks?
As with any investment, bonds carry risks, including construction, market, and credit risks. Investors should review the risk factors outlined in the offering documents.
Who can invest in these bonds?
The bond offer is open to both institutional and retail investors in the Baltic region, subject to local regulations.
Contacts
Rasa Bartusevičienė
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E-mail
Dana Česūnė
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Phone
E-mail