The net asset value (NAV) of EfTEN United Property Fund units was 11.24 euros at the end of July, up 0.6% month-on-month. The fund earned 166 thousand euros in net profit in July and 1.846 million euros in net profit…
Summus Capital OÜ has released its consolidated financial results for the second quarter of 2025, demonstrating solid performance and strategic portfolio optimization. Key Q2 2025 Highlights: Consolidated sales revenue was EUR 13.5 million, which represents a slight quarterly decrease. Operating…
Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the six months of 2025. Challenges in Executing our Strategy Our strategy emphasizes developing governmental and social tenant concepts and centrally…
The Estonian economy continues to grow slowly, with the latest forecasts estimating annual economic growth at 1.2%. The construction market is showing signs of stabilisation. Within the buildings segment, there are indications of a slight increase in orders from the…
On 5 August 2025, the Supervisory Board of Hepsor AS elected Henri Laks as its new Chairman. His mandate as a member of the Supervisory Board will be valid for three years. Henri Laks is one of the co-founders of…
Start of construction works on the Blue Marine and establishment of subsidiaries in Latvia AS Pro Kapital Grupp announces the start of construction works of the Blue Marine residential building – the next phase in the development of the prestigious…
In the first half of 2025, in both Q1 and Q2, the market continued to recover. In addition to the contracts under the law of obligations (sales contracts), there was also strong interest in paid reservations in new projects. During…
Fund Manager’s Commentary In Q2 2025, the Baltic commercial real estate market continued to reflect similar trends as in previous quarters. Transaction activity remained very low, primarily due to a lack of equity capital, and modest economic growth did not…
Hepsor’s consolidated revenue for Q2 2025 amounted to 13.9 million euros (Q2 2024: 5.2 million euros), and revenue for the first half of the reporting year was 22.1 million euros (H1 2024: 7.4 million euros). The Group’s net profit amounted…
The Management Board of EfTEN Capital AS approved the updated version of the terms and conditions of EfTEN United Property Fund (hereinafter referred to as the Fund) by its decision of 19.06.2025. The Financial Supervision Authority approved the amendments to…
Hepsor AS and EfTEN Special Opportunities Fund’s joint venture Hepsor SOF OÜ entered into a real right contract on 21 July 2025, acquiring the properties at Narva mnt 150 and Narva mnt 150a. The properties were purchased from Hepsor Group…
After nearly twenty years of successful business activity in the Bulgarian real estate market, the Management Board of Arco Vara AS has initiated a strategic exit process, with the ultimate goal of a complete withdrawal from the Bulgarian market. The…
On 8 July 2025, the Supervisory Board of Hepsor AS (the Company) adopted a decision to increase the share capital of the company by 57,821 euro. The increase of the share capital relates to the acquisition of the 20% stake…
The net asset value (NAV) per unit of the Baltic Horizon Fund (the Fund) increased to EUR 0.6766 at the end of June 2025 (0.6757 as of 31 May 2025). The month-end total net asset value of the Fund was…
Aktsiaselts Infortar acquired 10% of the shares in OÜ INF Saue from Lumi Partners JV1 OÜ. Following the transaction, Aktsiaselts Infortar holds 100% of the shares in OÜ INF Saue. The area of activity of OÜ INF Saue is the…