Blog
Low-Rent Housing Projects Underway in Six Latvian Cities (video)
Today in Jelgava, a time capsule with a message for future generations was sealed into the wall of a low-rent apartment building.
This type of project, currently being implemented in six cities across Latvia, is a first of its kind. Unlike traditional construction methods, the building is being constructed using ready-made modular structures produced in Latvia, which allows the construction process to proceed much more efficiently.
The project is being jointly implemented by the European Commission, ALTUM, and MJL Enterprises.
Watch the video about the event
You may like these articles
Be an Early Bird and receive +3% Cashback
Devon is excited to kick off its platform with a limited-time offer for the first lenders. Our Early Bird Cashback gives you +3% instant payout on all your funding amounts made until June.
Meet Devon: experience you can rely on
Nowadays, there are many ways for individuals and companies to allocate their funds and thus make a profit. For many of us, real estate remains one of the most reliable asset classes. A new platform has been launched - Devon - which is part of MJL Enterprises Group, a real estate developer with roots dating back to 1993.
Villa Astor Nominated for New Residential Building of the Year
We are truly proud and delighted to share that our project Villa Astor, located at Pumpuru iela 3A in Jūrmala and developed by MJL Development, has been highly recognized at the Latvian Construction Annual Award (Latvijas Būvniecības Gada balva).
Construction of the second rental building to begin; Ministry of Economics raises income thresholds for apartment rentals
Construction of rental apartment buildings continues actively at 54 Ganību Street, Jelgava. Currently, modular structure assembly is underway for the second half of the first building, along with the construction of the staircase and installation of internal engineering communications.