In Q2 2023, GDP dropped 3% y/y and 0.3% q/q (both swda) in real terms, according to the flash estimate of Statistics Estonia. GDP contraction in Q2 was below our expectations. However, the economic contraction is receding gradually. Estonian economy…
The net asset value (NAV) of the EfTEN United Property Fund was 10.61 euros as of June 30, 2023. The NAV decreased by 0.3% in a month, which was related to the regular evaluation of the fund’s investments. Since the…
GROUP CEO’S REVIEW For Arco Vara’s standpoint, the real estate market was breathing easier in Q2 but will be more apparent after the summer how safe this uneven activity is. The resolutions of the European Central Bank regarding baseline interest…
Hepsor’s consolidated sales revenue for the second quarter of 2023 amounted to 14.6 million euros and net profit was 3.5 million euros (incl. the share owned by the parent company was 1.6 million euros). The consolidated sales revenue for the…
AS Nordecon group company Embach Ehitus OÜ and Tartu City Government signed a contract for the reconstruction of the Karlova school building on Lina Street 2 in Tartu. The building with a size of 4,973 sqm will be completely renovated…
Palav jaanikuu tõmbas tehinguaktiivsust kinnisvaraturul allapoole samas kui hinnatase mitmel pool kasvas. Üha enam on välja joonistumas kindlad mustrid, millise hinnagrupi osas on huvi suurem ja kus väiksem. Paljudel on tekkinud õigustatud küsimus, et kui ruutmeetri mediaanhinnatase näitab tihti pigem…
Arco Invest EOOD, subsidiary of Arco Vara AS, has concluded the final sale agreement for the sale of the commercial building Madrid BLVD in the capital of Bulgaria. The transaction cost 9.1 million euros – after fulfilling the obligations, Arco…
The net asset value (NAV) of the EfTEN United Property Fund was 10.65 euros as of May 31, 2023. As a result of the cash distribution to investors the NAV decreased by 1.8% over the month. Excluding the distribution, the…
Sweden: Economic growth has weakened Baltics: Insufficient demand and falling inflation Risks: Even weaker demand, higher unemployment, geopolitical pressures, deglobalisation Sustainability: Continued improvements are needed Swedish economy showed more resilience than expected in the first quarter, although a substantial positive…
2021. aastal euroalal läbi viidud finantskäitumise ja tarbimisharjumuste uuringu (Household Finance and Consumption Survey, HFCS) andmed võimaldavad hinnata, kuidas on hinnatõusuga võitlemiseks Euroopa Keskpanga kehtestatud kõrgemad rahapoliitilised intressimäärad mõjutanud Eesti leibkondi. Leibkondade tulude ja kulude analüüs näitab, et kuigi väiksema…
AS Trigon Property Development (registrikood 10106774; edaspidi „Aktsiaselts“) aktsionäride korraline üldkoosolek toimus 21. juunil 2023.a. Tallinnas, Pärnu mnt 18. Üldkoosolek algas kell 10:00. Üldkoosolekul oli aktsiatega esindatud 2 569 152 häält, mis moodustab 57,10% kõigist Aktsiaseltsi aktsiatega esindatud häältest. Üldkoosolek…
The annual general meeting of shareholders of AS Trigon Property Development (registry code: 10106774; hereinafter the “Company”) was held on 21 June 2023 in Tallinn, Pärnu mnt 18. The annual general meeting started at 10:00. 2,569,152 votes represented by the…
Kinnisvaraarendusettevõtte Pro Kapital tegevjuhi Andrus Lauritsa sõnul lähevad praegu Tallinna korteriostjate seas kaubaks kas unikaalse asukoha ja kvaliteetseima teostusega kallima otsa elamispinnad või siis hoopis linnaäärde rajatud võimalikult soodsamad variandid. Kummutamaks kinnisvaraturu hangumise juttu, toob ta näiteks Pro Kapitali poolt…
Housing affordability kept decreasing; housing became unaffordable in Vilnius Apartment sales were down, but prices were sticky The rapid increase in wages was insufficient to counter the negative impact of high interest rates and still-elevated prices. As a result, housing…
Scandium avab Haapsalus peegelmajadest koosneva Tiny Marienholm külakese. Seitsmest minivillast ja kahest saunast koosnev kompleks asub Haapsalu linnas Marienholmi poolsaarel. Ala on viimased kümmekond aastat olnud suletud, kuid avati sel kevadel avalikkusele koos piirkonna ajalugu tutvustava näitusega. Kokku seitsmest klaasmajast…
