This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Read more


Here you sleep, grow, get inspired, spend time with those that are close to you. Here you are enriched, you develop, and get ready for a new day. We have built our district on a site where fearless, creative and open minds have been active for a long time. Fresh and new innovations have sprung up all around here – this is one of the most inspiring places in Riga.

Long before creativity and innovation became the leading trends in the world, way back, THAT was already happening here – here they were manufacturing, inventing, living and watching films in the most modern cinema of its time.

This is the place where you are created – a clever, dynamic city-dweller with your finger on the pulse, creating, working, living and enjoying yourself. Jaunā Teika is about you - people with drive, dreams, intelligence and talent.

Jaunā Teika is located in the VEFRESH area, which is home to the largest number of information and communication technology (ICT) professionals and companies in the region, accounting for more than 43% of Latvia's ICT industry exports.

The main priorities of the Jaunā Teika development are energy efficiency, functionality and accessibility. During the construction process, special attention is paid to modern technologies and the use of engineering solutions to maintain an economic use of energy resources. The living spaces are designed in a way to let in as much natural light as possible and to provide protection against street noise. Jaunā Teika’s location is ideally placed for access to the main activity points of the city, leisure attractions and entertainment venues. Furthermore, Jaunā Teika’s pricing policy makes it affordable for a large range of buyers, including young families. The completed apartment buildings are homes for more than 800 families.

There are more than 4000 professionals working at the Jaunā Teika office buildings. In 2009 one of the office buildings - Valters - received recognition for the best office building, and in 2016 the project for the future office buildings was nominated for top three office building projects in Latvia.

HANNER group companies operate in six Central and Eastern European region countries - Lithuania, Latvia, Romania, Russia, Ukraine and Belarus. For 20 years Hanner Group has been the largest real estate developer in Lithuania with a portfolio of real estate assets and projects worth approximately one billion euros. The company has developed more than 30 projects with an estimated total value of 500 million euros. In total, more than 270,000 m² of commercial space and more than 250,000 m² of residential space have been built.

The HANNER Group is currently developing eight different projects with more than 1,000 apartments and has built and commissioned more than 3,000 apartments in the last ten years. Other HANNER group projects in Riga: 26Vesetas and Place11.

HANNER Group has been recognized as the leading real estate developer in Latvia in the prestigious "Euromoney awards".