Investments by Estonian businesses in capital assets have grown for the second quarter in a row, year on year, writes Tõnu Toompark in his adaur blog. Real estate investments (including land, buildings, facilities construction, renovation and purchase costs) have moved into growth for the first time in three years, writes Tõnu.
According to Estonian statistics office data, the first quarter of 2011 saw total investment in fixed assets stand at 490 million Euros, which represents a 50 per cent growth year-on-year.
On the other hand, business investment in buildings, acquisition of land, reconstruction and the construction industry remained at the same level, 108 million Euros, as one year previously.
Real estate investments constitute a mere 22 per cent of all business investments, compared with the “good times” of 2003-2009 when 50-60 per cent of businesses’ all capital asset investments was real estate investments, writes Tõnu.
The original article (in Estonian) can be viewed here.
Andrew Whyte
Tallinn Property by Goodson & Red
Tõnu Toompark on kinnisvaraanalüütik, -konsultant ja koolitaja, kelle tegevusvaldkonnad on valdavalt: * elamispindade turg, turutrendid, tehingud, hinnad ning turuülevaated; * uute korterite arendamise mahud, müük, hinnad ja analüüsid; * üürituru pakkumine, tehingud ja hinnad ning üüriinvesteeringud, tasuvusarvutused; * elamispindade kättesaadavus numbrilisena; * koolitused eeltoodud valdkondades. Koolituste valdkonnaga on Tõnu Toompark seotud üle 25 aasta. Ta on avaldanud sadu ja sadu kinnisvarateemalisi analüüse, artikleid ja kommentaare. Tõnu Toompark on läbi viinud koolitusi nii kesk-, kutse-, kõrg-, kui ülikoolides, lisaks mitmetes koolitusettevõtetes. Näiteks Kinnisvarakool, Tallinna Tehnikaülikool, Eesti Ettevõtluskõrgkool Mainor, Estonian Business School, Tartu Ülikool, Tallinna Majanduskool.
