Uudiste arhiiv

 

EfTEN: EfTEN Real Estate Fund III AS and EfTEN Kinnisvarafond AS concluded a merger agreement

Eften

Today, 19.09.2022, EfTEN Real Estate Fund III AS as an acquiring fund and EfTEN Kinnisvarafond AS as a fund being acquired concluded on the basis of the respective resolutions of the supervisory board a merger agreement with the aim of

Arco Vara: Detailed planning for the next stage of Kodulahe has been initiated

Arco Vara

On 31.08.2022, the Tallinn City Government initiated the detailed planning of the plot belonging to Arco Vara subsidiary Kodulahe II OÜ, located at Soodi 6. The purpose of the detailed plan is to assign building rights to the property with

Pro Kapital purchases historic building in Vilnius city centre

Pro Kapital

AS Pro Kapital Grupp subsidiary company in Lithuania purchased via auction the Vilnius College building, located in the very centre of the capital city, on Naugarduko street. The acquisition deal, valued at €6.25 million, was completed on August 30th. The

Merko: Launch of the Tihase residential project

Merko

AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the construction of Tihase residential development project, within which the apartment buildings with a total of 46 apartments and three commercial premises will be built on

Swedbank: Hot prices chill the economic outlook

Swedbank

Inflation has so far proven to be both higher and more persistent than previously expected, and central banks were late in taking away the punch bowl. Households around the globe are holding back on consumption as the cost-of-living shock hits

Merko Ehitus: Construction contract in Norway (detached houses in Oslo)

Merko Ehitus

On 17 August 2022, Merko Bygg AS, part of AS Merko Ehitus group, and Holmenveien 37 AS, part of Pecunia AS group, entered into a contract for the construction three detached houses at Holmenveien 37 in Oslo. The contract value

Pro Kapital: Pro Kapital Council approved Consolidated Interim Report for II Quarter and 6 Months of 2022 (Unaudited)

Pro Kapital

MANAGEMENT REPORT CEO summary The second quarter of 2022 continued the trend we have seen in Q1, with a strong demand for real estate assets in the Baltic countries (particularly Estonia and Lithuania). Our available inventory is mainly sold, but

Swedbank: Labour market still strong in the second quarter

Swedbank

In the second quarter, the situation in the labor market was still good in Estonia. Employment was high and unemployment low. According to Statistics Estonia, in the second quarter, the unemployment rate was 5.8% and the number of the employed

Nordecon: 2022 II quarter and 6 months consolidated interim report (unaudited)

Nordecon

Despite the continued difficult external environment, the second quarter and first half of 2022 were overall profitable for the group. The increase in sales revenue also continued, which is largely based on the fulfillment of construction contracts concluded in previous

Merko Ehitus: 2022 6 months and II quarter consolidated unaudited interim report

Merko

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue was EUR 88 million in Q2 2022, and EUR 156 million in H1 2022, while the respective figures for net profit were EUR 4.2 million and EUR 7.2 million. This year, Merko has delivered

Nordecon: Construction contract (Kastanikodu housing estate second stage)

Nordecon

Nordecon Betoon OÜ (brand name NOBE), a Nordecon Group company entered into a contract with OÜ Kastanikodud for the construction of apartment houses located Kastani road 2 // 4 // 6 // 8 // 10 // Lepa road 3 //

Nordecon: Launch of the second phase of the Kivimäe Süda residential development (Tallinn, Estonia)

Nordecon

Nordecon AS has launched the second phase of the Kivimäe Süda residential development located in the Nõmme district of Tallinn, in the course of which the building at Kivimäe 27 will be reconstructed and converted into an apartment building. 12

Arco Vara: Unaudited consolidated interim report for Q2 and 6 months of 2022

Arco Vara

GROUP CEO’S REVIEW In the second quarter, we reached the moment every real estate developer is waiting for once again, being able to commence the handover of completed homes to our clients in Kodulahe Kvartal, the sales revenue of 41

Swedbank: ECB update – Shock and awe!

Swedbank

All main rates hiked by 50bps, more than markets expected Transmission protection instrument (TPI) introduced  The Governing Council raised all three key ECB interest rates by 50bps – more than markets and most economists have expected. As we expected, new

Launch of the fourth stage of the Erminurme residential project (Tartu, Estonia)

Merko Ehitus

AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the fourth stage of Erminurme residential development project in Tartu Parish. The stage includes three buildings at Erminurme Road 14, Erminurme Road 18 and Erminurme Road