REDEV.

Property development & asset management

Real estate potential.
A clear path to value.

From building conversion to long-term ownership, REDEV brings development decisions and asset performance into one strategy. We focus on well-located properties across Lithuania, Latvia and Estonia, with a defined market, practical delivery plan and clear investment purpose.

THE ASSET VALUE FRAMEWORKFull lifecycle perspective
Real estate value creation frameworkAsset potential leads to value engineering and two complementary activities: development and asset management. Asset potentialValue engineeringDevelopmentAsset managementLocation · condition · demandDesign · cost · performanceTransform & repositionOperate & optimise

Acquisition, transformation, operation and exit considered as one investment lifecycle.

01 / TRANSFORMATIONBuilding conversions
02 / MARKETABILITYResale & letting potential
03 / LOCATIONMajor city centres
04 / SELECTIVITYNiche new construction

About REDEV · Our Baltic footprint

Develop with purpose.
Manage with perspective.

Our mission is to give properties a productive future and help owners make informed decisions throughout the investment lifecycle. REDEV focuses on building conversions, demand-led projects in major city centres and selective new construction.

Our working area covers Lithuania, Latvia and Estonia. We assess each opportunity through local planning requirements, technical conditions and market demand, connecting development budgets with the realities of future occupation, income and sale.

LTLithuania
LVLatvia
EEEstonia

Our services

From project concept
to asset performance.

Development and management mandates shaped around the property, its owner’s objectives and the work required at each stage.

01 / PROPERTY DEVELOPMENT
Real estate project development

The right concept.
A coordinated route to delivery.

A property’s potential depends on more than its floor area. We bring its location, permitted use, technical condition and target market into the development decision—whether the opportunity is a conversion, refurbishment or carefully scoped new building.

Our approach connects the commercial concept with planning, design and construction. Asset value engineering tests how layout, specification and capital expenditure can improve usability and market appeal while keeping the project’s economics in view.

Development scope

  • Opportunity assessmentLocation, market demand, building condition and development constraints.
  • Concept & feasibilityProposed use, unit mix, investment assumptions and a viable route to market.
  • Planning & design coordinationConsultant inputs, permitting requirements and engagement with relevant authorities.
  • Budget & delivery planningCost assumptions, procurement priorities, milestones and project risks.
  • Construction coordinationProgress, budget and quality oversight with the appointed project specialists.
  • Sales, letting & handoverPositioning the completed property for its intended buyer, occupier or owner.
Discuss a development project
02 / ASSET MANAGEMENT
Real estate asset management

An active strategy
for every property.

Asset management connects day-to-day property performance with the owner’s investment objectives. We focus on the factors that support revenue stability: occupancy, lease arrangements, operating costs, property condition and well-planned capital expenditure.

Value augmentation starts with identifying where an asset can perform better. This may mean improving its letting proposition, addressing inefficient space, prioritising upgrades or evaluating a change of use. The strategy remains clear: hold for income, reposition or prepare for sale.

Management scope

  • Asset strategy & business planningOwnership objectives, annual priorities, budgets and performance measures.
  • Leasing & market positioningRental proposition, occupancy planning and coordination of marketing activity.
  • Lease & occupier oversightLease milestones, tenant communication and issues affecting income continuity.
  • Operating performanceCost review and coordination of maintenance and service providers.
  • Capital improvement planningTargeted works assessed against asset condition, demand and potential value.
  • Owner reporting & exit reviewPerformance updates and evaluation of holding, repositioning or sale options.
Discuss your property portfolio

Our investment lens

A focused property strategy.

We favour properties where location, demand and a realistic delivery scope support a clear investment case.

01

Convert & reposition

Assess existing buildings for new uses, improved layouts and productive use of underutilised space.

02

Develop for liquidity

Assess buyer depth and occupier demand. Use practical unit sizes, appropriate specifications and market-based pricing to support resale and letting potential.

03

Choose central locations

Prioritise major city centres and established urban areas with access to employment, transport and everyday amenities.

04

Build for a defined niche

Pursue selective new construction where a specific buyer or occupier need meets sound site and project economics.

How we work

Clear decisions.
Accountable coordination.

A defined brief, an agreed scope and visibility over the decisions that shape your property’s future.

  1. 01

    Understand the objective

    Review the property, ownership position and your development, income or disposal priorities.

  2. 02

    Test the opportunity

    Assess market demand, technical and planning constraints, costs and the key assumptions behind the investment case.

  3. 03

    Define the mandate

    Agree the work, responsibilities, specialist appointments, budget and reporting arrangements.

  4. 04

    Coordinate & review

    Track progress and performance, resolve issues and revisit the strategy as project and market conditions evolve.

Start a conversation

Let’s discuss
your property’s next chapter.

For investors and owners, we welcome development and asset management enquiries. For buyers and landowners, we welcome property requirements and site opportunities. Send the location, current use and your objectives to start the conversation.

Working area
Lithuania · Latvia · Estonia
Company
Neovitus, UAB