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EfTEN: EfTEN United Property Fund distributes approximately 584 000 euros to investors

EfTEN United Property Fund

EfTEN Capital AS, as the management company of the EfTEN United Property Fund (stock market ticker EFCUPFFT, ISIN code EE3500001609) decided to make a cash payment of 23,495 euro cents per unit from the fund to the unitholders. The payment

Swedbank: Recession leads to a moderate increase in unemployment


In the third quarter, Estonia’s labor market was still strong. The number of the employed set a record, amounting to 680,000 persons, up by 3.4% in a year. The number of the employed increased in the private sector but remained

Swedbank: Estonia: GDP growth outlook deteriorated faster than expected in Q2


GDP expanded only 0.6% y/y (non-adjusted), but contracted 1.3% q/q (swda) in Q2, in real terms GDP nominal growth was still strong at 17.8% y/y. The largest positive contribution to the GDP growth came from ICT sector and professional services,

Swedbank: Prices grew two times faster than wages

Although average wage growth accelerated to 10.1% in the second quarter, it comforts consumers little when inflation was 20.2%. The average wage rose rapidly in all economic sectors. Wages grew the most in accommodation and catering (+18.6%, over the year),

Pro Kapital: Pro Kapital Council approved Consolidated Interim Report for II Quarter and 6 Months of 2022 (Unaudited)

Pro Kapital

MANAGEMENT REPORT CEO summary The second quarter of 2022 continued the trend we have seen in Q1, with a strong demand for real estate assets in the Baltic countries (particularly Estonia and Lithuania). Our available inventory is mainly sold, but

Swedbank: Baltic HAI – affordability still high, but outlook is getting bleaker


Over the quarter, housing affordability deteriorated in all three Baltic capitals. Compared with the same period last year, the housing affordability index (HAI) increased in Vilnius but declined in Riga and Tallinn, with the Estonian capital registering a more pronounced

Swedbank: Economy Heat Index: the temperature is just right


2021 was a good year for the Baltic economies – GDP grew rapidly, domestic demand recovered, and the labour market followed. Economic temperature ticked up in all three Baltic states and is already approaching the long-run average. Heat is building

Pärnu linn müüs Rüütli tänaval ajaloolise hoonekompleksi

Pärnu linnavalitsus võõrandas avalikul enampakkumisel Rüütli 23 ja 25 hooned. Nendes Mohri majana tuntud hoonetes paiknes pikka aega Pärnu linnavalitsuse haridus- ja kultuuriosakond. Pärast linnavalitsuse kolimist Suur-Sepa tänavale, on linn Rüütli 23 ja 25 pindu välja rentinud. Koos Rüütli 23

Swedbank: Prices increase more than wages in Estonia


Annual inflation reached 8.8% in November. The prices of energy and food contributed the most. Price growth is likely to accelerate further in December. The rise in prices is expected to decelerate next spring. Inflation picked up as expected. Inflation

Swedbank: Wage growth accelerated in Estonia


The growth of the average monthly gross wage accelerated from 4.9% in the first quarter to 7.3% in the second quarter. Wage growth picked up speed due to a very low base one year ago, when the corona crisis hit

Swedbank: The outlook is bright, but clouds surround us


The economic recovery over the past year has been impressive. In many countries, economic output was already back at pre-crisis levels this summer. Stronger-than-expected development during the second quarter has caused us to revise up the growth outlook for the

Swedbank: Inflation accelerated in Estonia


Inflation picked up from 3.6% in May to 3.8% in June. Motor fuels and electricity contributed the most. In 2021, consumer prices are expected to grow by 2.6%, around the same as before the crisis. Price pressures have increased in

Swedbank: Estonian economy recovered from the recession faster than expected


Economy grew by 5.4% annually (non-adjusted) and 4.8% quarterly (seasonally and working day adjusted) in Q1. The result exceeded our expectations and was the strongest among European countries (according to the numbers published so far). The restrictions continued to affect

EfTEN Real Estate Fund III: Saules Miestas kaubanduskeskuse kinnistul restoranihoone valmimine ja KFC restorani avamine

EfTEN Real Estate Fund III

Täna, 20.05.2021 avatakse Saules Miestas kaubanduskeskuse kinnistul fondi Leedu tütarettevõtte UAB “Saules Miestas” poolt rajatud hoones KFC (Kentucky Fried Chicken) frantsiisi all tegutsev kiirtoidurestoran koos drive-in osaga. Tegemist on esimese uue KFC restoraniga Leedus. Hoone üürniku „APL FRESH FOOD“ UAB-ga

EfTEN Real Estate Fund III: Completion of the construction works of the restaurant building on the property of Saules Miestas shopping center and opening of the KFC restaurant

EfTEN Real Estate Fund III

Today, 20.05.2021, a fast-food restaurant with a drive-in, operating under the KFC (Kentucky Fried Chicken) franchise will be opened. The new separate building was built by the fund’s Lithuanian subsidiary UAB “Saules Miestas” on the existing property of Saules Miestas

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