Despite of accelerated spread of Covid-19 and increased restrictions, the fund’s results for the first quarter of 2021 are beyond expectations good. The rental income of Saules Miestas shopping centre in Lithuania has decreased by 22% on average compared to…
On 15 February 2021 AS Tallinna Moekombinaat (TMK), the subsidiary of AS Pro Kapital Grupp, contested the ruling of Tallinn District Court not to satisfy the appeals of TMK and its three creditors against the ruling by which Harju County…
The net asset value (NAV) of EfTEN Real Estate Fund III AS as of 31.03.2021 was 17.35 euros. The net asset value of the EPRA share (net book value excluding deferred income tax liability and fair value of interest rate…
AS Merko Ehitus consolidated audited financial results for 2020 remain unchanged compared to the preliminary disclosure on 11 February 2021. STATEMENT OF THE CHAIRMAN OF THE MANAGEMENT BOARD 2020 was a successful year for Merko – we managed to reach…
This repeat announcement includes a link to Baltic Horizon Fund 2020 financial results in European Single Electronic Format (ESEF) applying the technical requirements applicable to the issuers on regulated market is European Union. The original attachment included one incorrect XBRL…
Management Board of Northern Horizon Capital AS has approved the audited financial results of Baltic Horizon Fund (the Fund) for the year 2020. The financial results remained unchanged compared to the preliminary disclosure on 15 February 2021. Distributions to unitholders for…
The net asset value (NAV) of EfTEN Real Estate Fund III AS as of 28.02.2021 was 17.21 euros. The net asset value of the EPRA share (net book value excluding deferred income tax liability and fair value of interest rate…
MANAGEMENT REPORT Chairman’s summary 2020 has been quite a turbulent year. It will be remembered for the start of the new virus SARS-CoV-2 and COVID-19 pandemic spread. Many economic sectors have suffered. Also, our group operations and results are affected.…
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 2020. Impact of COVID-19 pandemic At the beginning of 2020, a new coronavirus (COVID-19)…
Comment of the fund manager The main economic event of 2020 was not an economic event – unexpected arrival and spread of coronavirus. The virus wave that reached the Baltics in February 2020, closed the economy and put a significant…
COMMENTARY FROM MANAGEMENT Merko Ehitus posted revenue of approximately EUR 106 million for the fourth quarter of 2020, while total revenue for the whole year was EUR 316 million. The group’s fourth quarter 2020 net profit was EUR 10 million…
The net asset value (NAV) of EfTEN Real Estate Fund III AS as of 31.01.2021 was 17.06 euros. The net asset value of the EPRA share (net book value excluding deferred income tax liability and fair value of interest rate…
ASi Merko Ehitus kontserni kuuluv UAB Merko Statyba ning UAB Continental Automotive Lithuania sõlmisid 8. veebruaril 2021 lepingu tootmishoone ehituseks Kaunase rajoonis Leedus. Lepingu maksumus on üle 10 miljoni euro, millele lisandub käibemaks. Tööde valmimise tähtaeg on 2022. aasta esimeses…
On 8 February 2021, UAB Merko statyba, part of AS Merko Ehitus group, and UAB Continental Automotive Lithuania entered into a contract to perform construction works of a production building in Kaunas district, Lithuania. The contract value is over EUR…
On 22 January 2021, UAB Merko Statyba, part of AS Merko Ehitus group, and UAB Tokvila entered into a contract to perform construction works of a car service building in Vilnius, Lithuania. The contract value is over EUR 7.5 million,…
