Uudiste arhiiv

Arco Vara: Unaudited consolidated interim report for Q3 and 9 months of 2020

29.10.2020 Tõnu Toompark

GROUP CEO’S REVIEW We can consider the Q3 2020 positive. The sales recovery turned out to be faster than expected, which confirms that Arco Vara’s developments meet the expectations of our clients. Construction work has also continued as planned on…

Merko Ehitus: Launch of the fourth stage of the Pikaliiva residential project

07.09.2020 Tõnu Toompark

AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the fourth stage of Pikaliiva residential development project in Tallinn. The new stage includes two buildings with 50 apartments, which are to be completed in October…

Estonian economy dropped less than expected in Q2

31.08.2020 Tõnu Toompark

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…

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

05.08.2020 Igor Habal

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)

30.07.2020 Tõnu Toompark

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.…

EfTEN: EfTENi kinnisvarafondide poolaasta hindamistest

13.07.2020 Viljar Arakas

EfTEN Real Estate Fund

EfTENi nelja kinnisvarafondi sisekord näeb ette, et iga poolaasta lõppedes viime oma bilansilised kinnisvaraportfelli investeeringute rahalised väärtused vastavusse kinnisvaraturu hetke turuhindadega. Õiglasema tulemuse ja parema läbipaistvuse huvides ei hinda me oma varasid ise, vaid palume seda teha sõltumatul kinnisvarahindajal. EfTENi…

Arhitektuuriliselt põnevatesse paikadesse kutsuv Open House Tallinn kutsub külastama Porto Francot

10.07.2020 Tõnu Toompark

Eeloleval laupäeval ja pühapäeval toimuvad Open House Tallinn raames avatud uste päevad Tallinnas kohtades, kuhu muidu ei pääse. Porto Franco valminud I maja ja valmimisjärgus II maja on võimalik külastada laupäeval, 11.07, ja pühapäeval, 12. 07. Ekskursioonid algavad igal täistunnil…

Uus Maa: Estonian Real Estate Market review, May 2020

30.06.2020 Igor Habal

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…

The steep decline in taxes contracted Estonian GDP in the first quarter

29.05.2020 Tõnu Toompark

In Estonia, GDP contracted 0.7% yoy (non-adjusted) and 3.7% qoq (seasonally and working day adjusted) in 1Q The steep fall in VAT and excise taxes contributed negatively, while the gross value added increased 2% yoy. There were more economic activities…

Swedbank: Previously rapid wage growth stalls in Estonia this year

27.05.2020 Tõnu Toompark

• Wage growth decelerated to 4.8%, over the year, in Q1. • Swedbank expects wages to grow by only 0.5% this year. Wage growth decelerated in the first quarter Gross wage growth decelerated to 4.8%, over the year, in the…

Estonian Real Estate Market review, April 2020

26.05.2020 Tõnu Toompark

If the market overview of March already mentioned the impact of the emergency situation in the second half of the month, the statistics of April transactions was fully impacted by it. However, in the last week of the month, increased…

Pro Kapital: Consolidated interim report for I quarter and 3 months of 2020 (unaudited)

22.05.2020 Tõnu Toompark

MANAGEMENT REPORT Chairman’s summary The first quarter of 2020 has been a very busy period 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…

Pro Kapital: Audited annual report 2019

05.05.2020 Tõnu Toompark

On 29 April 2020, the Supervisory Council of AS Pro Kapital Grupp has approved the company’s 2019 audited annual report. In 2019 we completed last four residential buildings in Marsi Houses project in Kristiine City in Tallinn and also five…

Estonian Real Estate Market review, March 2020

22.04.2020 Igor Habal

The overview of real estate market in March cannot escape the topic of coronavirus COVID-19 outbreak which started to influence the market considerably from the second half of the month. Estonian Real Estate Market in March 2020 As the majority of transactions…

Swedbank: Weaker economic activity lowers inflation

08.04.2020 Tõnu Toompark

• Annual inflation reached 0.9% in March in Estonia. • In 2020, we expect inflation to amount to 0.8%, or even 0.4%, if we include lower excise taxes proposed by the government. Compared to February, consumer prices declined by 0.7%.…

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