VAS "Valsts nekustamie īpašumi"​ / State Real Estate, Latvia

The State Joint Stock Company “State Real Estate” (Valsts nekustamie īpašumi or VNĪ) is a progressive and profitable company based on the business principles professionally operating in the management of the State real estate and development of the construction projects. VNĪ is the largest real estate portfolio holder in Latvia with approximate total area of landed properties 1600 hectares and more than a million square meters of premises across the Latvia. The coordination and professionalism of VNĪ operations is acknowledged and ensured by the quality management system certified in accordance with the international standard ISO 9001:2008, as well as industrial security certificate entitling for work with classified objects.

State Real Estate is the biggest Latvian state property manager with 32 significant development projects currently being implemented, amounting to approximately 135 million euros. The company provides a dynamic work environment along with stability to its employees, offering opportunities to work on interesting and unique projects, a comfortable work environment, professional and friendly colleagues, and the chance to achieve ambitious professional goals in state projects of national importance. Furthermore, the company ensures professional real estate management and administration for around 500 real estate addresses comprising 1700 buildings with an area of 1.2 million m² and more than 4100 land properties covering over 10 million m². Founded in 1996, the company is wholly owned by the Ministry of Finance. It operates through three customer service centers located in Riga, Daugavpils, and Liepāja.