Company

SIA “Rīgas namu pārvaldnieks” was established on December 29, 2010, and is currently the largest and most experienced residential property manager in the Baltics, both in terms of clients and specialists. The company serves approximately 160,000 clients and manages around 3,700 residential buildings, covering a total managed area of nearly 7.5 million square meters.

Mission

To improve the quality of life for all residents of the apartment buildings managed by the company by providing top-level service and increasing the value of clients’ property through high-quality and transparent property management services.

Vision

A well-managed, predictable, and client-recognized company that maintains and increases the value of the managed buildings, demonstrates stable financial results with an upward trend, and is attractive for private capital investment in the long term.

Values

• Responsibility – Maintaining high-quality services and a good reputation
• Competence – A results-oriented team endowed with the relevant knowledge, skills, and work experience
• Development – Learning, introducing and using new knowledge, technologies and innovations
• Respect and Cooperation – Professional and responsive communication with clients and employees

Ownership Structure

• 100% of the shares of SIA “Rīgas namu pārvaldnieks” are owned by the Riga City Municipality. The representative of the shareholder is the Executive Director of the Riga City Council.
• The company has no participation in other capital companies.

Types of Activities and Commercial Operations

According to the statutes, SIA “Rīgas namu pārvaldnieks” has defined two main types of commercial activities (NACE classification):

• Renting and managing its own or leased real estate (68.20)
• Real estate management for compensation or on a contractual basis (68.32)

Statutes and Entrustment

Articles of Association of SIA “Rīgas namu pārvaldnieks”

Contract on the Administration of the Residential House

Authorization agreement for signing and administering rental contracts for residential and non-residential premises

List of non-residential premises for rent and active leases

Structure

Organizational structure of the company