AS Merko Ehitus consolidated audited financial results for 2021 remain unchanged compared to the preliminary disclosure on 10 February 2022. STATEMENT OF THE CHAIRMAN OF THE MANAGEMENT BOARD 2021 was a successful year for Merko. We fulfilled the group’s financial…
Hepsor Marupe SIA, Hepsor AS group company, and SIA Mitt&Perlebach signed a construction agreement for the construction of Marupe Darzs development project in Marupe, Riga area, on 5 April 2022. The value of construction agreement is approximately 8.3 million euros…
In item 3 of the agenda, the date of fixing the list of shareholders entitled to dividends (record date), change in the rights attaching to the shares (ex-date) and the date of payment of the dividend has been corrected. The…
Management Board of Northern Horizon Capital AS has approved the audited financial results of Baltic Horizon Fund (the Fund) for the year 2021. The financial results remained unchanged compared to the preliminary disclosure on 15 February 2022. Distributions to unitholders for…
The 100% subsidiaries of EfTEN Real Estate Fund III AS entered into conditional purchase agreements for the acquisition of two aged care home projects. The EfTEN Valkla OÜ, 100% subsidiary of the EfTEN Real Estate Fund III AS, signed a…
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 19.3997 euros as of 28.02.2022, increasing by 0.8% during February. The net asset value of the EPRA share (EPRA NRV – net book value excluding the deferred…
The Management Board of EfTEN Real Estate Fund III AS submitted the audited financial results of EfTEN Real Estate Fund III AS for 2021 to the Supervisory Board for approval. In the audited report, the Group’s financial results have not…
Unaudited financial results of Hepsor AS for 12 months and Q4 2021 Hepsor AS consolidated sales revenue for the 2021 financial year amounted to 15 million euros and its net profit was 1.7 million euros (including 0.02 million euros attributable…
Management Board of Northern Horizon Capital AS (the Management Company) has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the twelve months of 2021. G4S office building disposal On 8 November 2021, Baltic Horizon…
COMMENTARY FROM MANAGEMENT Fourth-quarter revenue for Merko Ehitus was EUR 112.8 million and net profit for the same period was EUR 13.9 million. The revenue for the 12 months of 2021 grew by 7% compared to the previous year to…
The key words for 2021 are the rapid recovery of the construction market volumes that fell in 2020 and the sharp rise in input prices, which put strong pressure on the cost of previously concluded long-term construction contracts. The whole…
We are pleased to invite you to the NORDIC REAL ESTATE FORUM 2022, which takes place on March 31, 2022 at Tallinn Creative Hub in Estonia and simultaneously online. Nordic Real Estate Forum brings sector leaders and decision-makers together from…
AS Pro Kapital Grupp informs its shareholders about the change in the Supervisory Board of its subsidiary AS Pro Kapital Eesti. Due to the expiration of the term of powers of the Supervisory Council member Paolo Michelozzi, Petri Olkinuora, the…
Hepsor U30 SIA, a subsidiary of Hepsor AS in Latvia, signed 7.5 million euro loan agreement with Bigbank AS Latvian affiliate on 1 February 2022. The purpose of the three-year loan is to finance the construction of Kuldigas Parks project…
Comment of the fund manager regarding the 2021. year’s results The year 2021 turned out to be a successful year above expectations for EfTEN Real Estate Fund III AS. Despite the two coronavirus waves that occurred during the year, the…
