The Supervisory Board of AS Pro Kapital Grupp has approved the company’s audited annual report for 2022. Compared to the unaudited interim report published on 28 February there are no material differences in the audited report. In 2022 the turnover…
The Management Board of AS Merko Ehitus, registry code 11520257, seated at Järvevana tee 9G, Tallinn, 11314, will convene the annual general meeting of shareholders of AS Merko Ehitus on Thursday, 4 May 2023 at 13.00 at Nordic Hotel Forum conference centre…
AS Merko Ehitus consolidated audited financial results for 2022 remain unchanged compared to the preliminary disclosure on 9 February 2023. STATEMENT OF THE CHAIRMAN OF THE MANAGEMENT BOARD 2022 was a year of good financial results for Merko. Revenue broke…
Nordecon AS has decided to start the merger of two 100% subsidiaries of the group, Tariston AS and Kaurits OÜ. Both companies have successfully been operating in the field of infrastructure construction for a long time. The merger will complete…
Management Board of Northern Horizon Capital AS has approved the audited financial results of Baltic Horizon Fund (the Fund) for the year 2022. The financial results remained unchanged compared to the preliminary disclosure on 15 February 2023. Net result and net…
The Management Board of EfTEN Real Estate Fund AS (previous business name EfTEN Real Estate Fund III AS; registry code 12864036; seat Tallinn, A. Lauteri 5) calls an annual general meeting of shareholders on 20 April 2023 at 10:00. Venue…
Apartment price growth and rising interest rates dealt a blow to housing affordability More homebuyers are priced out of the primary market Housing affordability fell sharply in the Baltic capitals as climbing interest rates increased the cost of mortgages. On…
Hepsor RD5 SIA, Hepsor AS group company, and Mitt&Perlebach SIA signed a construction agreement on 16 March 2023 for the construction of the Nameja Rezidence development project in Riga. The value of the construction agreement is approximately 4.6 million euros…
Hepsor Phoenix 2 OÜ, Hepsor AS group company, and LHV Pank OÜ signed 17.5 million loan agreement on 15 March 2023. The purpose of the three-year loan is to finance the construction of Manufaktuuri 7 development project. The construction and…
AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to proceed with the construction of the above grade volumes of the Lahekalda residential development project in Tallinn, on the Maarjamäe limestone bank. Two residential buildings with 108…
Hepsor Phoenix 2 OÜ, Hepsor AS group company, and Mitt&Perlebach OÜ signed a construction agreement on 8 March 2023 for the construction of the Manufaktuuri 7 development project in the Manufaktuuri Quarter in Tallinn. The value of the construction agreement…
The Management Board of the EfTEN Capital AS approved the audited financial results of the EfTEN United Property Fund for 2022. In the audited report, the fund’s financial results have not changed compared to the preliminary financial results published on…
The Management Board of EfTEN Real Estate Fund III AS submitted the audited financial results of EfTEN Real Estate Fund III AS for 2022 to the Supervisory Board for approval. In the audited report, the Group’s financial results have not…
Management Board of Northern Horizon Capital AS has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the twelve months of 2022. Net result and net rental income In 2022, the Group recorded a net…
GROUP CEO’S REVIEW Looking back on the real estate market of the previous quarter, the only word to describe it is “expectant”. Buyers seem to expect for sales prices of real estate to drop and sellers for the increase of…