GROUP CEO’S REVIEW The first quarter of this year brought important changes to the Arco Vara group – we founded a construction contracting company Arco Tarc OÜ. This company provides services to the developments of Arco Vara with the main…
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 19.5547 euros as of 31.03.2022, increasing by 0.8% during March. The net asset value of the EPRA share (EPRA NRV – net book value excluding the deferred…
GROUP CEO’S REVIEW In the field of real estate that became volatile in 2021, Arco Vara’s collective was able to secure more than 40,000 m2 of new development volumes which will provide the Company with a solid foundation for the next…
The housing affordability index (HAI) shows high affordability in the Baltic capitals; however, the data do not depict the current situation in the market due to the time lag between real-time events and statistics. The war in Ukraine poses challenges…
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 19.3997 euros as of 28.02.2022, increasing by 0.8% during February. The net asset value of the EPRA share (EPRA NRV – net book value excluding the deferred…
GROUP CEO’S REVIEW Due to the cyclical nature of real estate development, Q4 of 2021 had a predictably low sales volume and the focus was on preparing new projects. Across 12 months, the current team of Arco Vara has raised…
Management Board of Northern Horizon Capital AS (the Management Company) has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the twelve months of 2021. G4S office building disposal On 8 November 2021, Baltic Horizon…
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 19,2489 euros as of 31.01.2022, increasing by 0.7% during January. The net asset value of the EPRA share (EPRA NRV – net book value excluding the deferred…
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 19,2489 euros as of 31.01.2022, increasing by 0.7% during January. The net asset value of the EPRA share (EPRA NRV – net book value excluding the deferred…
Comment of the fund manager regarding the 2021. year’s results The year 2021 turned out to be a successful year above expectations for EfTEN Real Estate Fund III AS. Despite the two coronavirus waves that occurred during the year, the…
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 19,1057 euros as of 31 December 2021, increasing by 4.2% during December. The net asset value of the EPRA share (net book value excluding the deferred income…
In the third quarter, compared with the same quarter last year, housing affordability increased substantially in Riga; in Vilnius, the increase was less pronounced, while in Tallinn it, on the contrary, decreased. A decrease in interest rates supported affordability in…
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 18.3322 euros as of 30.11.2021, increasing by 0.8% during November. The net asset value of the EPRA share (net book value excluding the deferred income tax liability…
The net asset value (NAV) of EfTEN Real Estate Fund III AS as of 31.10.2021 was 18.1929 euros, increasing by 0.8% during October. The net asset value of the EPRA share (net book value excluding the deferred income tax liability…
Management Board of Northern Horizon Capital AS (the Management Company) has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the first nine months of 2021. Baltic Horizon wins EPRA Gold award Baltic Horizon Fund…