Professional & Cost-Efficient Property Development.

Construction and
Project management

By 2022, we have carried out 45 projects which include design, approvals, construction and project management.

Property development

Our organization is professional and cost-effective, we create competitively added value for our customers.

Project financing

Many of our projects have been financed by us and our investor partner network.

Castor construction

45 completed projects in Latvia and Finland for commercial, industrial and housing sectors.

 

By 2022, we have completed more than forty projects including design, approvals, construction and project management. In these construction projects, we have operated as the main contractor. In addition, about one third of our projects have included the organization of financing.

The founders of the company have been operating since the early 1990s in construction projects in Latvia and in Finland, and we have been involved as construction specialists for numerous Western companies expanding their operations into Latvia. This experience and the network of contacts made over the years provide Castor with a strong foundation.

 

Our latest projects in Finland consists of demanding residential projects in Helsinki region. In Kauniainen
we have completed two five floor buildings with 46 apartments and an underground parking. In
Helsinki centre we managed a renovation work of a historical apartment house to regain it’s former glory.
The address of this project is Bulevardi 16. Currently we are constructing two four floor apartment
buildings in Espoo Haukilahti, right next to the coast line.

 

In Latvia, we have completed a service centre for Lindström outside Riga, and implemented a demanding housing project in Riga's old town. In the spring of 2021 we completed  an Express terminal and office for DHL, located at Riga Airport. This project is also owned and managed by Castor and its Partner. Recently we have also started the construction of some 22.000 sqm production line for Latvijas Finieris in Rezekne,
eastern Latvia. The largest birch plywood producer in Europe is expanding.

 

www.kernresidences.lv

Recent Activities

9/2022 Construction of Plywood factory in Rezekne

Construction of Plywood factory ( 22.000 sqm) started in Rezekne, Latvia. Client Latvijas Finieris A/S

8/2022 Renovation of historical building in Helsinki

Renovation of historical building in address Helsinki, Bulevardi 16 completed. ClientTaitokaari Oy.

5/2022 Storage building for Latvijas Finieris

Castor handed over a storage buiding of some 3000 sqm buildt for Latvijas Finieris.

7/2022 Construction of two apartment buildings in Espoo started

Construction of two apartment buildings in Espoo Haukilahti started. Client Taitokaari Oy.

3/2020 Kauniaisten Kaarna completed

As Oy Kauniaisten Kaarna is completed including 46 apartments and underground car parking for 38 vehicles. Client Munkkiniemi Group.