Uudiste arhiiv

Merko: Construction contract in Estonia (Tallinn Hobby Centre Kullo)

12.02.2025 Tõnu Toompark

On 12 February 2025, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and the Tallinn Property Department signed a construction contract for the construction of the Tallinn Hobby Centre Kullo located at Mustamäe tee 59, Tallinn. The contract…

Merko: 2024 12 months and IV quarter consolidated unaudited interim report

07.02.2025 Tõnu Toompark

COMMENTARY FROM MANAGEMENT Merko Ehitus posted revenue of EUR 160.4 million and net profit of EUR 19.9 million in Q4 of 2024. The respective figures for the entire year 2024 were EUR 539 million and EUR 64.7 million. Approximately 90%…

Nordecon: 2024 IV quarter and 12 months consolidated interim report (unaudited)

06.02.2025 Tõnu Toompark

The year 2024 was successful for the Nordecon Group. Profitability improved significantly, and revenue increased. The general contracting market remains highly competitive, and developers’ confidence is low. No change is expected in the volume of public sector orders for the…

Trigon Property Development: Changes in the management board of AS Trigon Property Development

05.02.2025 Tõnu Toompark

The Supervisory Board of AS Trigon Property Development decided to elect Alo Nõmmik as a new member of the management board, whose mandate begins on February 4, 2025 and is valid for 3 years. Alo Nõmmik joined the Trigon Capital…

Nordecon: Construction contract (Viljandi spa hotel)

04.02.2025 Tõnu Toompark

Nordecon AS and AS OG Elektra have signed a contract for the construction of the new spa hotel and swimming complex in Viljandi. This four-story multifunctional building will have a total area of 15,800 sqm. In addition to the swimming…

EfTEN: EfTEN United Property Fund unaudited financial results for the 12 months and 4th quarter of 2024

04.02.2025 Tõnu Toompark

EfTEN United Property Fund

EfTEN United Property Fund earned 1.821 million euros in income in 2024 (60 thousand in 2023). Interest and dividend income increased by 29 thousand euros and 50 thousand euros respectively over the year. The largest increase in income came from…

Baltic Horizon Fund announces plans to divest assets in the amount of approximately EUR 55 million as part of its strategic effort to bring down LTV

30.01.2025 Tõnu Toompark

Baltic Horizon Fund

Having recently received expressions of interest from several investors, the management team has engaged local advisors Newsec Advisers UAB and Redgate Capital AS to assist Baltic Horizon Fund (the Fund) in a structured divestment process. In February of 2024, Baltic…

Liven: Consolidated unaudited interim report for the IV quarter and 12 months of 2024

30.01.2025 Tõnu Toompark

Although there were no huge positive development leaps in the operating environment, there were still signs of renewed optimism in the residential property market. During the fourth quarter, we signed 34 contracts under the law of obligation (sales contract; 2024…

NORDIC REAL ESTATE FORUM 2025

24.01.2025 Tõnu Toompark

We are excited to invite you to the Nordic Real Estate Forum 2025 – the premier gathering for real estate leaders across the Nordics and Baltics! Mark your calendar for March 20, 2025, at Tallinn Creative Hub in Estonia or…

Merko avas Uus-Veerenni elanikele kogukonnasahvri

15.01.2025 Tõnu Toompark

Merko avas Uus-Veerennis ainulaadse kogukonnaruumi, mis annab kvartali elanikele võimaluse tegeleda korterist suuremat ruumi vajavate hobidega, ühendada oma loovuse naabrite omaga ning teha praktilisi igapäevaoste kodukvartalist lahkumata. Uus-Veerenni elukvartali ühe kortermaja esimesel korrusel asuvasse avarasse ja funktsionaalselt sisustatud ruumi pääsevad…

EfTEN: EfTEN Capital investment outlook – 10 topics to follow in economy and Baltic property market in 2025

02.01.2025 Tõnu Toompark

BUSINESS CLIMATE Business cycle. In 2024 recession worries came and disappeared in global economy. Towards the end of a year global growth was lower than at the start of a year in almost all major regions, but far away from…

Riigiamet kolib ligi 200 töötajat Tammsaare Ärikeskusesse

31.12.2024 Tõnu Toompark

Haridus- ja Noorteamet (Harno) sõlmis Kaamos Kinnisvaraga kümneaastase üürilepingu ning kolib oma Tallinna kontoripinnad Ülemiste Cityst ja Tõnismäelt Tammsaare Ärikeskusesse. Kolimine algas detsembri keskel ja jõuab lõpule tuleva aasta 1. maiks. „Uus asukoht võimaldab Harnol koondada seni eraldi paiknenud kontorid…

Nordecon: Construction contract (Renovation of Tallinn Art Hall)

30.12.2024 Tõnu Toompark

Nordecon AS and SA Kunstihoone entered into a contract for the renovation of Tallinn Art Hall building, located at Vabaduse väljak 6/8. The total cost of the contract is 7.99 million euros excluding VAT, and the works will be completed…

Baltic Horizon: On 19 December 2024, the Estonian Financial Supervision and Resolution Authority (FSA) made a decision to issue a precept to Northern Horizon Capital AS based on an on-site inspection

23.12.2024 Tõnu Toompark

Baltic Horizon Fund

In May 2024, the Estonian FSA performed an on-site inspection, assessing the internal control system of Northern Horizon Capital AS and the implementation of measures to prevent and mitigate conflicts of interest. On 19 December 2024, the Estonian FSA issued…

Liven: Harmonisation of the articles of the group’s Estonian subsidiaries

23.12.2024 Tõnu Toompark

Liven AS has harmonised the articles of associations of the group’s subsidiaries registered in Estonia and supplemented them, where necessary, with the right to establish a voluntary reserve. Among others, the amendment concerns the following subsidiaries that are considered significant…

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