Commercial Real Estate Management and Development

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About Us

What We Do

RBM specialises in commercial real estate management and development in the Baltic States. RBM has earned a reputation for integrity and imagination in the Northern European market. Our forthright approach to the real estate market adds lasting value for the companies, cities and people we serve.

The founders of RBM have been investing in real estate since 1995, with business experience in the Baltic region since 1992, having both arrived at that time as volunteers in the United States Peace Corps. Their experience dates back to the earliest foundations of capitalism in the market. Together, with a highly knowledgeable support staff, RBM has grown its real estate business from a single asset into a strong, diversified investment-grade portfolio.

Corporate Highlights

2008: Purchased additional retail centre in Riga

2007: Publicly listed mezzanine debt with Riga Stock Exchange and Nasdaq OMX; purchased additional retail centre and divested hotel development

2006: Purchased 4 retail and 3 office assets around Latvia; grew to Hansabank’s fourth-largest debt customer in Latvia; placed second private mezzanine issue (EUR 5.5 million) for acquisitions; entered into interest rate swap with SEB Unibanka at EUR 42 million debt cover (swap has remained in-the-money)

2005: Placed first private mezzanine issue (EUR 3.5 million) for hotel development (bond retired 1Q 2008)

2004: Began site assembly for logistics development in outskirts of Riga

2003: Acquired site for hotel development in central Riga; acquired retail centre in Riga

2002: Multi-store sale and leaseback (Baltics’ first) with Royal Ahold

2000: First debt refinance

1998: First line of credit established, first office building rented to PwC

1997: Second office building and first residential building purchased and renovated in Riga

1995: First office building purchased and renovated in Riga
 

Commercial Real Estate Management and Development

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Group Companies

All group companies of RBM have the same goals.

Their chief commercial business is in buying and selling real estate, real estate development, renting and leasing real estate, and managing it. The companies’ intent, in order to sustain effective operations, is to improve and diversify services provided for corporate and physical persons, promote client satisfaction, and add value to their underlying real estate assets.

 

The following is a brief overview RBM’s group companies:

 RB Management

RB Management is the service provider for all group companies. The firm does not hold any of the group's real estate assets - it provides management, development and leasing services. RBM's intent is to continue to offer outstanding services, and eventually grow to one of the largest real estate management companies in the Baltic States.


Apex Investments

Apex currently owns ten commercial retail properties, mostly small, retail centre-related objects. Premises mainly are used for renting to small grocery markets, DIY stores, banking services and quality consumer service stores. To see more of Apex’s retail properties, click here.

To learn more about leasing space in one of these assets, click here.

InvestBuve

InvestBuve currently owns one commercial office object located in the centre of Riga, Latvia. The asset is a historic building in a quiet part of the city, with the necessary parking to satisfy the needs of fast-paced, international companies looking for corporate office space in the Baltics. To see more of InvestBuve’s office asset, click here.

To learn more about leasing space available in this asset, click here.

Neatkariga Patentu Agentura

NPA currently owns one commercial office object located in the centre of Riga, Latvia. The asset is a historic building in a quiet part of the city, with the necessary parking to satisfy the needs of fast-paced, international companies looking for corporate office space in the Baltics. NPA also owns a lifestyle spa, also located in the centre of Riga. To see more of NPA’s real estate assets, click here.

To learn more about leasing space available in these assets, click here.

Big Truck

Big Truck is RBM’s latest addition to the portfolio, founded to develop an industrial / logistics park on the outskirts of Riga, Latvia. The company was created in the anticipation of dramatic expected growth in Latvia’s logistics sector, driven by international operators. Big Truck owns two land plots that are zoned light industrial. To see more of Big Truck’s real estate assets, click here.

To learn more about investment opportunities associated with this asset, click here.

 

Commercial Real Estate Management and Development

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Portfolio

Commercial Real Estate Management and Development

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Portfolio

Commercial Real Estate Management and Development

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Portfolio

Commercial Real Estate Management and Development

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Portfolio

Hospitality:

Elizabetes 24-26
 
 

Commercial Real Estate Management and Development

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Business

Looking for some space?

One of the main objectives of RBM is to manage our investment property, and to manage it well. Whether you are a small retailer looking for a place to sell goods or a large firm looking to establish a corporate office, our properties may be the place for you.

Our goal is to serve our tenants and manage their needs in a fast, friendly and efficient manner. We have a highly motivated, professional staff with experience in all aspects of the real estate field.

If you are interested in leasing space from RBM, please check out the locations of our current properties, and contact our This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

Looking to sell?

RBM has a wealth of acquisition, structured finance, and management expertise in the Baltic States. We have investing and divesting knowledge in the office, retail, hotel and logistics sectors.

Currently, we are actively looking for grocery-anchored retail, DIY-anchored retail or strong office blocks in the Baltic market. Our typical acquisition criteria are as follows:

Product type: Shopping centre, Class A-B office, Mixed use
Price: Above EUR 3 million
Size: Above 3 thousand square meters
Deal structure: All cash at closing

Geographic area: Estonia, Latvia and Lithuania

If you are interested in divesting or possibly investing with RBM, please contact our This e-mail address is being protected from spam bots, you need JavaScript enabled to view it .

 

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Market

Baltic States

The Baltic States are considered RBM’s home market. Since their adoption into the European Union in 2004, the Baltic States continue to be leaders in investment and economic growth in Europe each year.

If you are a local player or an international investor, RBM hopes to be your one-stop shop for asset management and top-tier investment in the Baltic Market.

If you are not very familiar with the Baltic States and would like to see some quick information that you can print out and take away with you, please check here.

 

Industry Links

 

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Contact

Contact Us

  

For further information, please:

Email us at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
Call us at +371 67333504
Fax us at +371 67333540
Find us at Kronvalda 3, Riga, LV-1010, Latvia

 
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