Uudiste arhiiv

 

The residents of the Baltic capitals can afford an increasingly large flat in dormitory suburbs

15.12.2015
SEB Pank

A survey by SEB shows that in terms of current income levels and property prices, residents in the Baltic capitals can now become owners of bigger standard flats of dormitory suburbs than a year ago. SEB home purchasing power index*…

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Higher growth requires courage to make investments

14.12.2015
SEB Pank

The week was once again packed with economic activity. Reviewed data on the GDP for Q3 were published, unfortunately there were no major changes – the economic growth estimation was increased from 0.5% to 0.7% year on year. Worse-than-expected economic…

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Economic growth in Estonia decelerates sharply in the 2H2015

10.12.2015
Swedbank

According to the second estimate by the Statistics Estonia, the GDP growth in Estonia decelerated to 0.7% yoy in 3Q2015, while compared to the previous quarter the GDP decreased by 0.4% (seasonally and working-day adjusted). Primarily construction, transport and manufacturing…

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Strong wage increase and slow economic growth do not go well together

01.12.2015
SEB Pank

The strong wage increase in the third quarter is good news for a working person. Increasing employment and average wages, on the other hand, are a bit mystifying against stagnant corporate income and near-zero growth in the third quarter. Upward…

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Wages rose despite the weak growth in the economy

26.11.2015
Eesti Pank

Both seasonally adjusted quarterly wage growth and average annual wage growth were faster than in the second quarter Wages in accommodation and catering rose by 16.9% Data from Statistics Estonia show that the average gross monthly wage was up 6.9%…

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Statistics: Share of transactions with greenfield developments trending up

25.11.2015
Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

In Q3 2015, 9 769 transactions with housing were effected in Estonia. At the same time, 983 units of housing received permits for use. Assuming hypothetically that under the conditions of a stable market the number of transactions effected with…

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Economic growth or economic standstill

25.11.2015
SEB Pank

Several important economic indicators were updated last week. The new GDP flash estimate for the third quarter indicates that instead of picking up speed, as was expected at the beginning of the year, economic growth is instead beginning to freeze.…

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Statistics: Number of permits for use for non-residential premises down 2%

18.11.2015
Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

According to Statistics Estonia, 178 permits for use were issued for non-residential premises in Q3 2015. Issuance of permits for use decreased 2% in a year. The floor area of non-residential premises issued with permits for use was 149 000…

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Labour market has tightened further

15.11.2015
Swedbank

Finding suitable labour is increasingly difficult for Estonian employers, therefore, wage pressures persist even when enterprises sales and profits have decreased. Labour shortage was perceived as the biggest business constraint among the 18% of service, 17% of construction, and 14%…

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Ülemistele kerkib uus mere ja vanalinna vaadetega büroohoone

12.11.2015
Peterburi tee 2f, Tallinn

Ülemistel pandi nurgakivi uuele vanalinna vaadetega 8500 rm büroohoonele. Eile pandi Tallinnas Peterburi tee 2F pidulikult nurgakivi Ülemiste Ärimaja büroo- ja parklahoonele, mille arendajaks on OÜ Ülemiste Ärimaja. Uus 8500 ruutmeetrine büroo- ja parkimishoone on projekteeritud juurdeehitusena olemasolevale büroohoonele. Uue…

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GDP growth smaller than expected

12.11.2015
Swedbank

GDP growth slowed more than expected, from 1.9% in the second quarter to 0.5% in the third quarter, year on year. Quarter-on-quarter change in GDP volumes was negative: -0.5%. During the first 9 months of the year, GDP in Estonia…

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Statistics: Issuance of building permits for housing up 53%

11.11.2015
Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

According to Statistics Estonia, 1 511 units of housing, with a total floor area of 137 000 m², were issued with building permits in Q3 2015. Issuance of building permits for housing grew 53% year on year, whereas the floor…

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Ülemiste Citys sai valmis uus 13-korruseline büroohoone

11.11.2015
Ülemiste City Bernhards Schmidti maja

Täna tähistati Ülemiste Citys uue 13-korruselise büroohoone valmimist, mis on ühtlasi kõrgeim hoone lennujaama piirkonnas. Bernhard Schmidti nime kandvas majas on ligi 11000m² pinda ja hoonesse mahub ca 1000 töökohta. Arvestatava osa majas kasutatavast energiast toodavad selle lõunaküljele paigaldatud 275…

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Large Estonian enterprises’ optimism over doing business has grown

04.11.2015
SEB Pank

SEB’s pan-Baltic survey of CFOs of large enterprises indicates an improved assessment of the business climate; however, Estonian enterprises remain more conservative in their forecasts than their neighbours to the south. The main concerns for large Estonian enterprises are low…

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Statistics: Number of permits for use for housing more than doubles in a year

04.11.2015
Kinnisvaraanalüütik Tõnu Toompark, Adaur Grupp OÜ / Kinnisvarakool OÜ

According to Statistics Estonia, 983 units of housing received permits for use in Estonia in Q3 2015. These are some of the highest levels in the past five years, more than double the number of permits for use a year…

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