The Narbuto 5 business centre, which was developed and managed by Kapitel, has been awarded the final BREEAM building sustainability certificate. It is the first BREEAM certified project of Kapitel and the third office building with the BREEAM New Construction’s Very Good rating in Lithuania. The BREEAM certificate is issued only after the completion of… Continue reading Narbuto 5 business centre awarded the BREEAM certificate
The net turnover of Panorama shopping and leisure centre in Vilnius increased by over 5%, totalling 132.7 million EUR in 2018. Compared to 2017, the number of visitors to the Panorama shopping centre grew by 9%, and on average; each customer spent around 2% more and made 5% more purchases. Good financial performance is a… Continue reading Panorama maintained a turnover growth of over 5% last year
Starting from January, Gertti Kogermann will serve as the new CEO of Viru Keskus – Estonia’s most visited and the most profitable shopping centre in the Baltics. Ants Vasar, former CEO of Viru Keskus since its opening in 2003, will continue work as a trusted advisor for the company. Ants Vasar, CEO of Viru Keskus… Continue reading Most visited shopping centre in Estonia, Viru Keskus announces new CEO
Kadrija Pudova will take over the position from longtime Managing Director Iveta Lāce and become the Managing Director of Spice shopping complex as of 20 December 2018. Spice has continuously increased its turnover and is working on development projects of the complex to keep and strengthen its position among the strongest shopping centres in Riga.… Continue reading Kadrija Pudova will become the Managing Director of Spice shopping complex
The city of Tallinn and Kapitel real estate company have signed a memorandum of good intent under which Kapitel will invest more than 800,000 euros into establishing floodlighting for the walls and towers of Tallinn’s Old Town. As part of the project, over 40 features in the medieval centre will get modern external lighting, including… Continue reading Kapitel to invest 800,000 euros into lighting for Tallinn Old Town
The architecture firm Arhitekt11 OÜ won the Liivalaia Quarter interior architecture design competition, organised by Kapitel, with the work titled “Liiva valley”. The business and residential quarter, situated on Liivalaia street in central Tallinn, comprises two office buildings, including Estonia’s highest office building, a residential building and a parking garage connecting them. Participants were tasked… Continue reading Arhitekt11 wins Liivalaia Quarter interior architecture design competition
The shopping complex Spice has received silver at the European Solal Marketing Awards, organised by the International Council of Shopping Centres (ICSC). During the ceremony in the Dutch capital Amsterdam Spice triumphed in the Corporate Social Responsibility category with its charity campaign “Share and Care”. Spice is the only shopping complex in Baltic countries that… Continue reading Spice wins the Silver Medal at the European Solal Marketing Awards
The Estonian Chamber of Commerce awarded the most competitive companies in Estonia. Kapitel was declared once again the most competitive company in the field of real estate. The Competitiveness Ranking is part of the largest entrepreneurship competition in Estonia, led jointly for a number of years by three organisations: Estonian Chamber of Commerce and Industry,… Continue reading Kapitel once again the most competitive real estate company in Estonia
The real estate developer’s Kapitel building ELEMENTAL SKANSTE in Riga has just received the result of its energy calculation according to the BREEAM criteria. It is the best result of any certified building in the Baltics that the Estonian Green Building Council is aware of. “The Estonian Green Building Council is collecting feedback from projects… Continue reading Estonian Green Building Council: ELEMENTAL SKANSTE has the best result in energy calculation in the Baltics
Kapitel has launched an invited competition to find the best interior architecture solution for a business and residential quarter to be built along Liivalaia Street in Tallinn, which will include Estonia’s highest office building. Six interior architecture firms have received invitations to enter the competition, and the winner will be announced in October. “Our goal… Continue reading Kapitel organising competition for interior architecture design for Liivalaia Quarter
Real estate company Kapitel group’s 2017 sales revenue amounted to EUR 42 million and net profit to EUR 27 million, while the market value of the company’s assets is estimated at approximately half a billion euros. In the coming years, Kapitel will invest EUR 145 million in Tallinn and Riga projects. This includes investment in… Continue reading Kapitel intends to invest EUR 145 million in Tallinn and Riga projects in the coming years
