Developing Properties with Passion

At Estmak Capital, we immerse ourselves in innovation and embrace environmental stewardship as cornerstones of our mission. Our developments are living spaces that foster community, crafted with meticulous attention to every detail.
  • 15+
    Years of experience
  • 180k m²
    of built area
  • 11
    completed projects
  • 6
    projects under construction
We envision business and residential complexes that transcend traditional boundaries, creating fully integrated environments where quality of life is paramount. Our ambition is to revolutionize property development in the Baltic States by generating sustainable value that resonates with future generations.

Business Philosophy

Our Vision

We’re not just building properties; we’re setting the stage for a new era of property development in the Baltic States. At Estmak Capital, our aspirations soar to the forefront of sustainable and eco-friendly construction, crafting exemplary spaces that cater to the present while anticipating the needs of tomorrow.

Our Mission

Our mission extends beyond the mere act of construction. We are dedicated to designing harmonious, interconnected environments in both commercial and residential settings, cultivating the vibrant communities of tomorrow.

Our Philosophy

Grounded in an ethos of determination and innovation, we believe that the spaces we create profoundly influence the quality of life for individuals and communities alike.

Our Values

Sustainability, creativity, and a commitment to tangible, positive impacts define our core values as we strive to leave a lasting impression on our communities and the environment.

Why should you choose us?

Choosing Estmak Capital means stepping into a realm where excellence, creativity, and sustainability thrive. Our commitment to exceeding expectations positions us as pioneers in environmentally conscious construction. We boast a stellar track record marked by awards and accolades, including esteemed certifications for our sustainable initiatives and advancements in energy efficiency. Our commitment to fostering a greener future shines through initiatives like tree-planting programs, renewable energy charging stations, and groundbreaking developments that shape the landscape, underlining our promise of sustainability. In partnering with Estmak Capital, you gain a catalyst for your business growth and innovation. Together, we can reach unprecedented heights with each space we create.

Our History and Developments

From day one, we have been on a relentless journey to redefine property development. We continually challenge the status quo, weaving innovation and sustainability into the very fabric of our existence.

2008

Estmak Capital started operating in Latvia, setting its sights on a future where property development embodies creativity and sustainability.

2016

The opening of the Explorer office building was a moment to celebrate. It is a stunning building that redefines modern workspaces in Estonia.

2016

The Lasnamäe Tervisemaja (Lasnamäe Health House) opened its doors, presenting cutting-edge health and wellness solutions that transform how we experience modern healthcare.

2017

It was a year of growth for Estmak Capital in Latvia, with significant projects like Rimi Tilta and Ķeizarmežs Kompleks bringing innovation to urban living.

2017

The Explorer office building has achieved the esteemed LEED Platinum certification, establishing new benchmarks for sustainable architecture and elevating Estonia's eco-friendly design standards.

2018

Acquiring the land at Lāčplēša, 76 marks a bold step toward new achievements and an ambitious project - Lāčplēša Skvērs.

2018

Development of the Saga project commenced, a bold step in creating versatile business environments.

2023

The Versum project took off in Latvia. It promised an exciting blend of working spaces, combining offices, showrooms, and warehouses under one roof.

2024

Two significant milestones: a groundbreaking agreement with Lidl to acquire land to develop a two-story store and a strategic partnership with CityPark to enhance parking facilities.

2024

The development of the Lačpleša Healthy House project: an innovative health and wellness center that has generated significant interest across Latvia, marking a major achievement in the sector.

2024

The first stage of Versum construction has been completed. Two buildings have been commissioned, and the first tenants are starting to settle into their new offices. The second stage began with the construction of Building C.

2025

There are exciting developments ahead for Lačpleša Skvērs. The third milestone is on the horizon. Stay connected with us on social media for exclusive updates.

2025

The second stage of Versum will be completed, marking a significant milestone in the project's development and bringing us closer to realizing our vision for the future.

UPCOMING

Dzelzavas iela 130, Riga: A next-generation warehouse project is in development, designed to redefine efficiency and innovation in logistics and storage.

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