Uudiste arhiiv

 

EfTEN: The net value of EfTEN Real Estate Fund AS shares as of 31.03.2023

EfTEN Real Estate Fund

AS the end of March, the first full quarter of EfTEN Real Estate Fund AS ended after the merger with EfTEN Kinnisvarafond AS. The fund’s consolidated net rental income (NOI) was 7.3 million euros in the first quarter of 2023.

Merko: Audited annual report 2022

Merko

AS Merko Ehitus consolidated audited financial results for 2022 remain unchanged compared to the preliminary disclosure on 9 February 2023. STATEMENT OF THE CHAIRMAN OF THE MANAGEMENT BOARD 2022 was a year of good financial results for Merko. Revenue broke

Arco Vara: 2022 Annual Report of Arco Vara

Arco Vara

GROUP CEO’S REVIEW The real estate market was clearly a rollercoaster this past year: the amount of capital being invested in real estate exceeded all expectations at the beginning of the year, the second half of the year was the

Baltic Horizon: Baltic Horizon Fund consolidated audited results for 2022

Baltic Horizon Fund

Management Board of Northern Horizon Capital AS has approved the audited financial results of Baltic Horizon Fund (the Fund) for the year 2022. The financial results remained unchanged compared to the preliminary disclosure on 15 February 2023. Net result and net

Swedbank: Baltic HAI – Rising interest rates put pressure on the housing market

Swedbank

Apartment price growth and rising interest rates dealt a blow to housing affordability More homebuyers are priced out of the primary market Housing affordability fell sharply in the Baltic capitals as climbing interest rates increased the cost of mortgages. On

EfTEN: The net value of EfTEN Real Estate Fund AS shares as of 28.02.2023

The consolidated rental income of EfTEN Real Estate Fund AS totaled to 2,495 thousand euros in February, i.e. the same as in January. The fund’s consolidated net operating income (NOI) was 2,428 thousand euros in February, i.e. 7 thousand euros

Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for Q1-Q4 2022

Baltic Horizon Fund

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 2022. Net result and net rental income In 2022, the Group recorded a net

Arco Vara: Arco Vara unaudited consolidated interim report for Q4 and 12 months of 2022

Arco Vara

GROUP CEO’S REVIEW Looking back on the real estate market of the previous quarter, the only word to describe it is “expectant”. Buyers seem to expect for sales prices of real estate to drop and sellers for the increase of

EfTEN: The net value of EfTEN Real Estate Fund III AS shares as of 31.01.2023

EfTEN Real Estate Fund III

In December 2022, the general meetings of EfTEN Real Estate Fund III AS and EfTEN Kinnisvarafond AS decided to approve the merger of the funds with a balance sheet date of 01.01.2023. Although the final legal merger is expected to

Merko: 2022 12 months and IV quarter consolidated unaudited interim report

Merko

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue was EUR 143 million in Q4 2022, and the revenue for 12 months amounted to EUR 410 million, while the respective figures for net profit were EUR 17.6 million and 12 months was EUR

EfTEN: EfTEN Real Estate Fund III AS unaudited results for 4th quarter and 12 months 2022

EfTEN Real Estate Fund III

Fund manager’s comment on the 2022 financial results In 2022, major changes took place in the European and Baltic commercial real estate market. The rapid acceleration of the inflation rate prompted the central banks to end the so-called zero interest

EfTEN: Net asset value of the EfTEN United Property Fund as of 31.12.2022

EfTEN United Property Fund

The net asset value (NAV) of the EfTEN United Property Fund was 10,82 euros as of December 31, 2022, decreasing by 2,2% over the month due to a cash distribution to investors. Excluding the distribution, the NAV of the fund

EfTEN: The net value of EfTEN Real Estate Fund III AS shares as of 31.12.2022

EfTEN Real Estate Fund III

The consolidated rental income of EfTEN Real Estate Fund III AS was a total of 1,293 thousand euros in December, i.e. 211 thousand euros higher than in November. The fund’s rental income increased in December due to the turnover rents

Swedbank: ECB update – A Smaller hike, but even more hawkish promises

Swedbank

The Governing Council raised all key interest rates by another 50 basis points and expects to raise them significantly further Despite expected recession, the ECB revised inflation projection upwards As widely expected, the Governing Council today decided to raise all

Swedbank: Baltic HAI – higher prices and interest rates dent housing affordability

Swedbank

In the third quarter, housing affordability dropped sharply in all three capitals. Despite quite-fast wage growth, increasing apartment prices and surging interest rates dragged housing affordability down. As the primary market transactions are not fully reflected in the statistics yet,