The Management Board of EfTEN Real Estate Fund III AS (registry code 12864036; seat Tallinn, A. Lauteri 5) calls an annual general meeting of shareholders on 15 April 2021 at 10:00. Venue of the general meeting: Radisson Blu Hotel Olümpia second floor conference…
This repeat announcement includes a link to Baltic Horizon Fund 2020 financial results in European Single Electronic Format (ESEF) applying the technical requirements applicable to the issuers on regulated market is European Union. The original attachment included one incorrect XBRL…
Management Board of Northern Horizon Capital AS has approved the audited financial results of Baltic Horizon Fund (the Fund) for the year 2020. The financial results remained unchanged compared to the preliminary disclosure on 15 February 2021. Distributions to unitholders for…
This opinion of the supervisory board of Arco Vara AS (“Arco Vara”) has been formulated on 15 March 2021 conforming to clause 171 of the Securities Market Act and clause 21 of the Minister of Finance’s 28.05.2002 regulation no. 71…
The majority shareholder of Arco Vara AS („Arco Vara“) OÜ Alarmo Kapital notified stock exchange on 2 March 2021 of a mandatory takeover bid for purchasing all Arco Vara shares. The purchase price is 1,30 euros per share. Arco Vara…
Management Board of Northern Horizon Capital AS has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the twelve months of 2020. Impact of COVID-19 pandemic At the beginning of 2020, a new coronavirus (COVID-19)…
Comment of the fund manager The main economic event of 2020 was not an economic event – unexpected arrival and spread of coronavirus. The virus wave that reached the Baltics in February 2020, closed the economy and put a significant…
Arco Vara AS notifies the stock exchange about a change in substantial holding as required by § 186 of the Securities Market Act. On February 12, 2021, AS Lõhmus Holdings transferred 850,000 shares of Arco Vara AS held by them…
Nordecon’s sales revenue increased by approximately 26% in 2020 compared to the previous year, and this is the largest turnover of the Nordecon Group ever. The volume growth was based on contracts concluded in record volumes in 2019. The construction…
COMMENTARY FROM MANAGEMENT Merko Ehitus posted revenue of approximately EUR 106 million for the fourth quarter of 2020, while total revenue for the whole year was EUR 316 million. The group’s fourth quarter 2020 net profit was EUR 10 million…
GROUP CEO’S REVIEW Arco Vara’s fourth quarter of 2020 was largely spent on the realisation of pre-sales. There were no significant setbacks in the process of handing over nor final sales of the apartments, for which we had been prepared…
The chronology of the proceedings was as follows: On April 27, 2016, Brave Capital OÜ (hereinafter: Brave) filed an action against Arco Vara AS (hereinafter: Arco), requesting to prohibit Arco from using the domain name „veskimoldre.ee“, to establish Arco’s obligation…
Kodusadam OÜ, a joint venture of AS Merko Ehitus Eesti and AS BLRT Grupp, has decided to launch a new real estate development project (merko.ee/vesilennuki) in Noblessner seafront quarter, which comprises in total of five residential buildings with 161 apartments…
Arco Vara AS notifies the stock exchange about a change in substantial holding as required by § 186 of the Securities Market Act. On January 11, 2021, LHV Pensioninfond L transferred 869,587, LHV Pensionifond XL 365,619, LHV Pensionifond M 51,240…
EfTEN Real Estate Fund III AS earned 950 thousand euros in sales income in December, which is 8 thousand euros more than in November. In connection with the reduction of marketing activities in shopping centers, the fund earned a net…
