Akciju sabiedribas Reverta

Akciju sabiedribas Reverta engages in the management of distressed assets in the Baltic countries. The company focuses in loan restructuring, legal recovery, and real estate management activities. It offers loan restructuring services, such as managing problematic assets, including various residential, commercial, and industrial facilities in various stages of development, such as apartment buildings, villages, office spaces, commercial spaces, and land for residential and commercial construction. The company also provides debt recovery from corporate and retail clients in the Baltic and CIS countries. In addition, it manages and operates repossessed real estate properties, which include apartments and private houses of various categories, as well as a range of commercial premises (office and warehouse facilities, buildings, and land). Akciju sabiedribas Reverta was formerly known as AS Parex banka and changed its name to Akciju sabiedribas Reverta in March 2012. The company was founded in 1992 and is based in Riga, Latvia with assets in Latvia, Lithuania, and Estonia. Akciju sabiedribas Reverta operates as a subsidiary of Non-profit organisation State Joint Stock Company Latvian Privatisation Agency.