Sweden: Recovery firms, geopolitical inflation risks rise The Swedish economy started 2026 on a weak note but regained momentum in the second quarter. The labour market continued to recover gradually. Inflation is currently below the 2% target, helped by a…
EfTEN United Property Fund earned a net profit of 58 thousand euros in August and 624 thousand euros over the first eight months of 2026 (2 012 thousand euros in the same period last year). The net asset value (NAV)…
SIA Merko Mājas, part of AS Merko Ehitus group, has launched the second part of the first stage of the Lucavsala residential project in Riga. The first stage of the project comprises a complex of three buildings with total of…
EfTEN United Property Fund earned a net loss of 143 thousand euros in July, and a net profit of 566 thousand euros over the first seven months of 2026 (compared to 1 846 thousand euros net profit in the same…
A building permit has been granted for a year-round outdoor bathing and sauna complex on the Kalasadam waterfront in Tallinn, a project that will also restore the area’s historic fish harbour. The €25 million complex is being developed jointly by…
In the second quarter of 2026, EfTEN United Property Fund earned a net profit of EUR 248 thousand (Q2 2025: EUR 976 thousand). The decrease in profit is primarily related to the regular valuation of property investments carried out at…
In the first half of the year, the gradual recovery of the Estonian economy continued, but the economic environment remained affected by geopolitical uncertainty and fluctuations in energy prices. According to the latest published forecasts, Estonia’s 2026 economic growth is…
EfTEN United Property Fund has entered into an agreement to the extension of the Uus-Järveküla residential district. Under the plan, 22 detached houses are to be built at the site. The fund will invest in the expansion of the development…
Estonia’s real GDP increased by 2.1% y/y and by 0.4% q/q (seasonally and working day adjusted – swda) in the second quarter of 2026. This is the first estimate that is usually substantially revised later. The personal income tax reform…
GROUP CEO’S REVIEW: Rait Riim, CEO and Member of the Management Board of Arco Vara AS “The second quarter of 2026 marked my first full quarter as the Chief Executive Officer of Arco Vara. Thanks to more than 20 years of…
Activity in the residential real estate market remained strong in the second quarter of 2026, and we maintained the sales pace achieved in the first half of the year. During the quarter, we signed 57 sales contracts (contracts under the law of…
EfTEN United Property Fund earned a net loss of 103 thousand euros in June and a net profit of 709 thousand euros for the first six months of the year (compared with 1,679 thousand euros in the same period last…
Hepsor SOF OÜ, a joint venture of Hepsor AS and EfTEN Special Opportunities Fund, and Coop Pank AS signed a loan agreement on 1 July in the amount of EUR 12.7 million to finance the construction of three new residential…
EfTEN United Property Fund earned a net profit of 109 thousand euros in May, and 812 thousand euros over the first five months of 2026 (compared to 1 322 thousand euros in the same period last year). In May, the…
Liven AS group’s (Liven) wholly owned subsidiary Liven P19 GmbH has entered into a notarised agreement to acquire a property in Germany, in the Steglitz district of Berlin, at Plantagenstraße 19. The monetary value of the transaction is EUR 1.7…
