Vastint Latvia Honoured with National and Industry Awards in 2025

Magdelēnas kvartāls office buildings among finalists of the Latvian Architecture Award (Latvijas Arhitektūras gada balva) 2025

The two new Magdelēnas kvartāls office buildings on Antonijas Street have been named finalists in the 2025 Latvian Architecture Award in the category Commercial and Industrial Buildings (including hotels, offices, retail, and manufacturing buildings).
In the competition entry, the buildings are described as the new landmark of Magdelēnas kvartāls – distinctive yet complementary. The building at 17 Antonijas Street connects with the existing streetscape, continuing the rhythm of traditional dual-pitched roofs, while the free-standing 21 Antonijas Street introduces a contemporary architectural language with a recessed top floor.
The façades stand as a modern paraphrase of Art Nouveau – light contrasted with dark. The tinted concrete sandwich panels create a contrast between one building in warm terracotta tones and the other in a dark anthracite shade.  Both buildings are constructed from prefabricated reinforced concrete elements, offering flexible and functional layouts. They are also designed to achieve LEED Platinum certification and meet the energy efficiency standards of nearly zero-energy buildings (nZEB).

About the Latvian Architecture Award

The Latvian Architecture Award is the highest national recognition in the field, celebrating excellence in architecture since 1995. The award promotes industry development and raises public awareness of the importance of high-quality architecture. Organised by the Latvian Association of Architects with the support of the Ministry of Culture, the award encourages appreciation and celebration of good architecture.

Vastint Latvia honoured with two awards at the BREL 2025 Forum

At this year’s Baltic Real Estate Leaders Forum (BREL), Vastint Latvia received two distinctions – Developer of the Year as chosen by the jury, and the Forum Audience Prize for the Magdelēnas kvartāls project.
We are especially proud of the audience award, which reflects the recognition and trust of professionals and industry representatives across the Baltic region.

About the BREL Forum

The BREL Forum is the leading real estate industry event in the Baltics, bringing together developers, investors, builders, and other sector experts since 2010. Organised by Colliers Baltics and partners, the forum serves as a platform to share insights, discuss emerging trends, and celebrate outstanding achievements in the industry.

These acknowledgements are a meaningful recognition of Vastint Latvia’s long-term vision and dedication to create sustainable and inspiring places where people, businesses, and communities can thrive.