About us

Pro Kapital Grupp is one of the leading Estonian real estate developer focussing on contemporary large-scale commercial and residential property developments in the capitals of Estonia, Latvia and Lithuania.

Pro Kapital Grupp is one of the oldest and largest real estate developers in the Baltics. We develop large and integrated areas with surrounding infrastructure and public spaces, located in the best locations in Tallinn, Riga and Vilnius.

Our work shapes the urban cityscape and has considerable impact on people’s quality of life and surrounding environment. Therefore, we consider each development project to be special – it has a story, the environment in which it is located and the people this area is for. The central idea is a safe, functional and modern environment that lasts long and enriches the urban space, preserving and enhancing its value.

In addition to our work in the beautiful capitals of the Baltic countries, we own and operate a hotel in the small German town Bad Kreuznach close to Frankfurt. Explore the hotel and surrounding area here.

AS Pro Kapital Grupp shares are traded on Nasdaq Tallinn Stock Exchange Main List.

Pro Kapital was founded
large-scale development projects
250 000 m2
total developed area
over 20 years
experience of developing in the Baltics


We develop timelessly distinctive buildings with an impeccable quality that anticipates people’s needs and expectations

Our Mission 

We believe that the real value of real estate lies in the experiences and well-being it brings to the people. We build better living environments where people feel good.


  • 2020

    The beginning of the construction of the first phase of Kalaranna District

  • 2019

    Pro Kapital Grupp shares are listed on Nasdaq Tallinn Stock Exchange Main List.

    Completion of 5 new houses in Šaltinių Namai | Attico in Vilnius – one of the first A++ buildings in Vilnius.

    Completion of Kristina Houses project in Kristiine City, Tallinn.

    River Breeze Residence wins the most prestigious award – “Riga Architectural Award of 2019”

    Pro Kapital wins the “Real-estate developers TOP” – recognition by leading business magazine Äripäev.

  • 2018

    Pro Kapital opens shopping and entertainment centre T1 Mall of Tallinn.

    The completion of prestigious River Breeze Residence in Kliversala, Riga.

    The completion of Marsi 6 studio apartment building in Kristiine City Quarter, Tallinn.

    The beginning of the construction of the last three buildings of Kristina Houses – a first phase of the Kristiine City Quarter in Tallinn.

    River Breeze Residence is being recognised as “Most Sustainable project 2018”.

  • 2017

    The sale of PK Ilmarine Hotels

    The beginning of the construction of the Šaltinių Namai Attico – a second phase of the Šaltinių Namai Quarter in Vilnius.


  • 2016

    The beginning of the construction of River Breeze Residence, which is the first residential building in new Kliversala Quarter in Riga.

    The Completion of Šaltinių Namai – a first phase of the prestigious quarter in the most tranquil part of the Old Town of Vilnius.

  • 2015

    The beginning of the construction of shopping centre T1 Mall of Tallinn.

  • 2014

    The beginning of the construction of Kristiine City residential quarter.

  • 2012

    The company shares are listed on the secondary list of Tallinn Stock Exchange.


  • 2011

    Kristiine Shopping Centre is sold for 105 million euros to the Finnish real estate developer Citycon.

  • 2010

    The second stage of the extension of Kristiine Shopping Centre is opened.

  • 2007

    Shopping centre Domina Shopping in Riga is sold for 147 million euros to the German real estate investment fund KanAm Grundinvest.

  • 2006 - 2007

    The reconstruction of the residential building at 26 Kugu Street in Riga.

  • 2006

    The last stage of Ilmarine development project is completed in Tallinn.

  • 2003

    Shopping centre Domina Shopping is opened in Riga.

  • 2002

    Pro Kapital begins another residential building development in Riga.

    The first stage of the extension of Kristiine Shopping Centre is opened.

  • 2001

    Pro Kapital reconstructs an office building on the banks of River Daugava in Riga into an apartment building with altogether 11,400 m2 and renovates a historic apartment building in Tallinn Old Town.

    Shopping centre Domina Shopping project is begun in Riga.

  • 2000

    Pro Kapital begins a hotel renovation project in Tallinn Old Town.

  • 1999

    Pro Kapital opens shopping centre Kristiine Keskus in Tallinn.

    Pro Kapital renovates a historic Art Nouveau building in Riga into a residential and commercial building, another apartment building in Riga Old Town and a historic residential house in Vilnius.

  • 1997

    Pro Kapital expands to Latvia.

    Pro Kapital Business Centre in Tallinn is opened marking the completion of the company’s first successful development project.

    Pro Kapital begins the restoration and development of two residential buildings, Demini department store and residential house in Tallinn Old Town and an apartment building in Riga Old Town.

  • 1996

    Pro Kapital is actively acquiring privatised development projects, plots and amortised hotels for sale. Some of the objects acquired in the early years are still in Pro Kapital’s real estate portfolio.

    The beginning of the development of Ilmarise Quarter and Hotel begun.

  • 1994

    Pro Kapital is founded, becoming the first professional real-estate development company in Estonia.