Awards
The Baltic Real Estate Awards 2026 celebrate outstanding real estate developments across the Baltic region. The awards recognize projects in Lithuania, Latvia, and Estonia that were completed and became ready for occupancy in 2025, including completed phases of large-scale developments.
The Awards aim to highlight projects that demonstrate architectural excellence, innovation, sustainability, strong urban integration, and meaningful impact on the built environment and local communities.
Categories
Best Office & Business Development
This category recognizes outstanding office buildings and business campuses that set new standards for workplace quality, sustainability, and innovation. Winning projects should enhance employee well-being and productivity while providing flexible, future-ready work environments.
Projects are evaluated for their architectural quality, energy and environmental performance, and their ability to accommodate the evolving spatial and technological needs of modern businesses.
Best Residential Development
This category honors residential developments that deliver high-quality living environments while demonstrating architectural originality and strong urban integration.
Winning projects should combine thoughtful design, functional living spaces, and well-considered site planning to create vibrant residential communities that enhance their surrounding neighbourhoods.
Best Industrial Project
This category recognizes exceptional industrial and logistics developments that address the rapidly evolving needs of modern supply chains and production environments.
Projects should demonstrate operational efficiency, innovative logistics solutions, and long-term adaptability while meeting high standards of construction quality and functionality.
Best Shopping Center
This category celebrates retail destinations that successfully combine commercial performance with compelling customer experiences.
Eligible projects include newly developed, expanded, or redeveloped shopping centers, retail parks, and factory outlet centers that attract and retain visitors through strong tenant mixes, innovative services, technology integration, and engaging architectural design.
Best Hotel & Tourism Resort
This award recognizes outstanding hotel and tourism developments that deliver exceptional guest experiences while demonstrating architectural excellence and innovative hospitality concepts.
Projects are evaluated based on their architecture, interior design, guest services, recreational facilities, and their contribution to sustainable and high-quality tourism infrastructure.
Best Public Urban Regeneration Project
This category honors transformative urban projects that revitalize existing spaces and contribute to the long-term development of cities and communities.
Eligible projects may include urban regeneration initiatives, new urban developments, and transitional urbanism interventions that activate underutilized spaces such as vacant sites, unused buildings, or neglected urban areas.
Winning projects should demonstrate strong social impact, urban integration, and the ability to improve quality of life while supporting economic and cultural vitality.
Judging Criteria
Projects will be evaluated by an independent Awards Jury according to the following key criteria:
Innovation & Design
The extent to which the project demonstrates originality, architectural quality, and innovative approaches that enhance functionality, sustainability, and long-term value.
Location & Accessibility
Quality of site selection, accessibility by public and private transport, and the project’s integration within its surrounding urban or regional context.
Quality of Development & Delivery
Construction quality, technical execution, and the ability to deliver the project successfully within the planned timeframe.
Urban Integration & Community Impact
The project’s contribution to its environment, including its social, economic, and urban impact on the surrounding community.
In cooperation with our partners:
Jury members:
Mindaugas Statulevičius, President of the Lithuanian Real Estate Development Association (Lithuania)
Ints Dālderis, Director of the Latvian Alliance of Real Estate Developers (Latvia)
Elina Tetere, Partner, Open Architecture Design (Latvia)
Ardi Roosimaa, Member of the Supervisory Board, RESTATE!; Member of the Board, Estonian Association of Real Estate Firms (Estonia)
Evelina Povilaitytė, Editor of Construction and RE column at Verslo Žinios (Lithuania)
Linas Naujokaitis, Architect, Associate Professor, Faculty of Architecture, Vilnius Tech University (Lithuania)
Ludovico Lombardi, Zaha Hadid Architects director
Selection & Evaluation Process
Stage I — Project Identification
A comprehensive list of real estate developments completed in Lithuania, Latvia, and Estonia in 2025 is compiled by Newsec Baltics and Ober-Haus Real Estate.
Based on predefined evaluation criteria, Newsec Baltics identifies leading projects in the office, retail, industrial, and hotel & tourism resort categories, while Ober-Haus Real Estate selects the leading residential developments.
Selected projects advance to the next stage of the evaluation process.
Stage II — Project Submission
Developers of the selected projects are invited to submit a formal application, including a project questionnaire and supporting materials such as visual documentation and project data.
Stage III — Jury Review
Submitted applications are evaluated by the Awards Jury, composed of respected industry professionals, who review the projects based on the official judging criteria.
Stage IV — Final Presentations
Shortlisted projects are presented live during the final stage of evaluation. Jury members assess each project within their area of expertise and score them according to the evaluation criteria.
The aggregated jury scores determine the highest-ranked project in each category.
Stage V — Awards Ceremony
The winners in each category will be announced and honored at the Baltic Real Estate Awards Ceremony, held during the Baltic Real Estate and Investment Forum 2026 on June 2.