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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.

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 700 families.

There are more than 6000 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.

The developer of Jaunā Teika - the Hanner Group - operates in six Central and Eastern European countries - Latvia, Lithuania, Romania, Russia, Ukraine and Belarus. During 20 years of operation they have built more than 270.000 sqm of leasable office, retail and warehouse space and 4,300 apartments. Total market value of developed real estate exceeds 800 million euros.

Hanner Group currently develops the office centre Place Eleven that features over 15,000 sqm of A class office space located at Sporta street 11, in Skanstes Business District, in Riga.