Northern Crest Estates

Northern Crest Estates is a leading real estate development company based in Riga, Latvia, specializing in residential and commercial property development. Founded in 2019 by real estate investor Dainis Balodis, the company is dedicated to creating high-quality, functional living and working spaces that meet the needs of Latvia’s evolving real estate market. Northern Crest Estates focuses on sustainable development practices, ensuring that each project is environmentally friendly and built to the highest standards of energy efficiency.

With a team of 40 professionals, including architects, engineers, and project managers, Northern Crest Estates has developed a strong reputation for delivering innovative and well-designed properties. The company’s portfolio includes a mix of modern residential apartments, suburban housing developments, and commercial office spaces. One of its standout projects is the development of a contemporary mixed-use complex in central Riga, which combines luxury apartments with retail and office spaces, attracting both residents and businesses to the area.

Northern Crest Estates is driven by values of sustainability, quality, and client-focused solutions. In 2023, the company reported revenues of €15 million, reflecting its growing influence in Latvia’s real estate market. Future plans for Northern Crest Estates include expanding into the development of affordable housing and smart residential communities, further enhancing its role as a key player in the Latvian real estate development sector.