Uudiste arhiiv

 

Merko: Renovation of Nordic Hotel Forum in Tallinn

Merko Ehitus

On 24 September 2020, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and OÜ Veeilu, subsidiary of AS Kapitel, entered into a contract for the renovation of Nordic Hotel Forum located at Viru väljak 3, Tallinn. The contract

Net asset value of EfTEN Real Estate Fund III AS as of 31.08.2020

EfTEN Real Estate Fund

The net asset value (NAV) of EfTEN Real Estate Fund III AS as of 31.08.2020 was 16.22 euros, increasing by 0.8% in August. The net asset value of the EPRA share (net book value excluding deferred income tax liability and

Estonian economy dropped less than expected in Q2

Swedbank

In the second quarter of 2020, Estonian economy dropped by 6.9% y/y in real terms and 8.4% in nominal terms. Seasonally and working day adjusted GDP dropped by 5.6% q/q. The result exceeded our expectations on the upside. In the

Baltic Horizon Fund plans public offering of new units

Baltic Horizon Fund

Northern Horizon Capital AS announces the plan for the next public offering of new units of Baltic Horizon Fund during autumn 2020. The issuer is considering to aim the offering at retail investors in Estonia, Lithuania, Sweden, Finland and Denmark

AS Tallinna Moekombinaat contests the ruling of the County Court regarding the reorganization plan

Pro Kapital

AS Tallinna Moekombinaat contests the ruling of the County Court with which the court decided to terminate the proceedings prematurely. On 3 April 2020, AS Pro Kapital Grupp (Pro Kapital) announced the initiation of reorganization proceedings of its subsidiary AS

EfTEN Real Estate Fund III AS acquired for €11.8m an office building in Vilnius

EfTEN Real Estate Fund

EfTEN Real Estate Fund III AS acquired through its subsidiary Rutkausko UAB in Vilnius the Rutkausko office building where the anchor tenant is international IT firm Atea. The transaction was closed on Friday, 14 August 2020.  Total value of the

Swedbank: Situation in the labour market has deteriorated in Estonia

Swedbank

 The unemployment rate increased moderately in the second quarter but has been stable since then. We expect the unemployment rate to reach around 8% this year and then decrease again next year.  According to Statistics Estonia, employment fell by 3.6%

Notice of prolongation of redemption date of convertible bonds PKG3 and PKG4 and partial redemption of convertible bonds PKG3

Pro Kapital

AS Pro Kapital Grupp informs that it has prolonged the redemption date of 37,423 “Pro Kapital Grupp convertible bond PKG3 10.08.2014” (in the registry under EEK 7.00 PRO KAPITAL GRUPP VAHETUSVÕLAKIRI PKG3 10-2020, hereinafter referred to as Convertible Bonds PKG3)

Baltic Horizon Fund Consolidated Unaudited Interim Results for H1 2020

Baltic Horizon Fund

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 first six months of 2020. Impact of COVID-19 pandemic At the beginning of 2020,

Uus Maa: Estonian Real Estate Market review, June 2020Estonian Real Estate Market review, June 2020

Uus Maa

Regardless of the fact that there were holidays in the middle of a business week and in spite of the heat wave across Estonia, the number of real estate transactions continued to increase in June. According to the Land Board,

Pro Kapital Council approved Consolidated Interim Report for II Quarter and 6 Months of 2020 (Unaudited)

Pro Kapital

MANAGEMENT REPORT Chairman’s summary  The first six months of 2020 have been quite busy for us in spite of the slow-down of businesses in many sectors due to the influence of the worldwide spread of the SARS-CoV-2 virus and COVID-19.

Results of the subscription for nonconvertible bond offering

Pro Kapital

AS Pro Kapital Grupp (hereinafter Pro Kapital) informs that the subscription period of the private placement of nonconvertible bonds (hereinafter the “Bonds”) announced on 22 May 2020 has ended on 7 July 2020. The Management Board has decided on the

Uus Maa: Estonian Real Estate Market review, May 2020

Uus Maa

The end of the emergency situation and lifting of many restrictions brought along a rise in the real estate market in May, as predicted and anticipated. According to the initial information, the rise was not as fast as predicted but

Vanasadama trammitee ühendab Tallinna sadama, Rail Balticu terminali ja lennujaama

Tallinn

Tallinna linnavalitsus kuulutas välja EL-i Rail Baltica ning riigi ja linna ühisrahastatava Vanasadama uue trammiliini projekteerimishanke, mis on aluseks sadamat Rail Baltica terminali ja lennujaamaga ühendavaks kahe kilomeetri pikkuseks trammiühenduseks. Tallinna linnapea Mihhail Kõlvarti sõnul elanike arv pealinnas üha kasvab,

Baltic Horizon Fund Announces Results of Annual General Meeting

Baltic Horizon Fund

A repeat Annual General Meeting of Baltic Horizon Fund investors took place on 9 June 2020 in Tallinn, Estonia. The repeat meeting was convened as no quorum was reached at the initial Annual General Meeting on 26 May 2020. Pursuant

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