Best projects, developers and initiatives receive BREL Forum Awards 2026
For the fifth year in a row, the Baltic Real Estate Leaders (BREL) Forum has recognized the best projects, developers and green initiatives, selected through a public vote and by a professional jury. This year, more than 7,000 votes were cast in the public vote, and 34 nominees from the Latvian real estate sector competed in 6 categories.
BREL AWARDS 2026 PROFESSIONAL JURY MEMBERS

This year, 34 nominees competed in 6 categories:
- DEVELOPER OF THE YEAR
- COMMERCIAL PROJECT OF THE YEAR
- RESIDENTIAL PROJECT OF THE YEAR
- REVITALIZED PROJECT OF THE YEAR
- DEVELOPMENT LAUNCH OF THE YEAR
- DEAL OF THE YEAR
The awards were presented to the winners at the BREL Forum on October 15, 2026, in Riga.
The BREL Forum Awards 2026 winners are as follows:
1 DEVELOPER OF THE YEAR
| JURY CHOICE
KAAMOS LATVIJA |
PEOPLE CHOICE
BONAVA LATVIJA |
2 COMMERCIAL PROJECT OF THE YEAR
| JURY’S CHOICE
DUCK REPUBLIK BY NEW DR HOLDING |
PEOPLE CHOICE
DUCK REPUBLIK BY NEW DR HOLDING |
3 RESIDENTIAL PROJECT OF THE YEAR
| JURY’S CHOICE
SKANSTES REZIDENCES BY INVEGO / RETERRA |
PEOPLE CHOICE
MAGDELĒNAS KVARTĀLS (STRĒLNIEKU 4C) BY VASTINT |
4 REVITALIZED PROJECT OF THE YEAR
| JURY’S CHOICE
JŪRAS SKATI BY INCITY CAPITAL |
PEOPLE CHOICE
COLONEL’S HOUSE BY RIVER PROPERTIES |
5 DEVELOPMENT LAUNCH OF THE YEAR
| JURY’S CHOICE
FABRIKA BY VPH |
PEOPLE CHOICE
VERDE C&D BY CAPITALICA ASSET MANAGEMENT |
6 DEAL OF THE YEAR
| JURY’S CHOICE
ACQUISITION OF |
PEOPLE CHOICE
BLAUMAŅA 5A ACQUISITION BY BAURUM |
Congratulations to all winners!
About the BREL Forum:
The BREL Forum is the most important event for real estate leaders in the Baltics. Since 2010, the BREL Forum has brought together real estate developers, investors, builders and other industry experts and professionals. The BREL Forum is organized by Colliers Baltics, and its main partner is Capitalica Asset Management. Forum partners: Bigbank, Datakom, InCity Capital, Industry Service Partner, LAFI Serviss, Nordomatic, Provendi Asset Management, RITA (Riga Investment and Tourism Agency), Schneider Electric and Signet Bank. More information: www.brelforum.com.
About the BREL Forum Awards:
This year, the BREL Forum presented the BREL Awards for the fifth time, recognizing real estate projects implemented in the Baltic region. Two awards were presented in each category – one chosen by the public through online voting and the other by real estate leaders and a professional jury.
