Uudiste arhiiv

 

EfTEN: Announcement on the first results of EfTEN Real Estate Fund AS public share offering

EfTEN Real Estate Fund

“Although in the EfTEN team we are convinced that the bottom of the Baltic commercial real estate market has passed, we were unable to convey this clearly enough to investors. At the moment, many investors seem to prefer bonds over

Merko: Construction contract in Lithuania (wind farm foundations, electrical cables and roads)

Merko

On 3 December 2024 UAB Merko Statyba, part of AS Merko Ehitus group, and UAB PSVL SUN and UAB PSVL WIND entered into the contract to perform the construction of foundations for 3 wind turbines and related infrastructure (electrical cables

Swedbank: The road to recovery continues

Swedbank

With interest rates falling faster than expected and wage growth remaining strong, housing affordability gradually improves. Both factors will continue boosting affordability and demand in Latvia and Lithuania next year, while Estonia will rely solely on lower rates. Favourable inflation

EfTEN: Notice of Public Offering, Listing, and Admission to Trading of Additional Shares of EfTEN Real Estate Fund AS

EfTEN Real Estate Fund

EfTEN Real Estate Fund AS (registry code 12864036, address A. Lauteri 5, 10114 Tallinn) announces a public offering of shares based on a decision of the fund’s Supervisory Board dated November 11, 2024, and informs about the planned listing and admission

Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for Q1-Q3 2024

Baltic Horizon Fund

Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the nine months of 2024. Our strategic ambitions Over the past year, our focus has been on reshaping our strategy to

Nordecon: 2024 III quarter and 9 months consolidated interim report (unaudited)

Nordecon

In the third quarter of this year, the downward trend in the construction market did not experience a significant shift. Forward-looking indicators that characterize both the construction market and the broader macroeconomic environment are contradictory, making it difficult to predict

Merko: 2024 9 months and III quarter consolidated unaudited interim report

Merko

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue for the 9 months of 2024 was EUR 379 million and net profit was EUR 44.8 million. Third-quarter revenue was EUR 175 million; net profit EUR 27.3 million. Sales of construction services made up

EfTEN: Net asset value of the EfTEN United Property Fund as of 31.08.2024

EfTEN United Property Fund

The net asset value (NAV) of EfTEN United Property Fund unit was 10.66 euros at the end of August, increasing by 0.1% over the month. The somewhat smaller-than-usual increase in NAV was related to the investment into the listed fund

EfTEN: EfTEN Real Estate Fund AS considers new public offering of shares

EfTEN Real Estate Fund

The management board of EfTEN Real Estate Fund AS presented to the supervisory board a proposal for issuing new shares, the purpose of which is to finance new planned acquisitions. The volume of the issue is initially planned to be

Swedbank: From divergence to more synchronised growth

Swedbank

The divergent development across countries and sectors has continued this year. Boosted by household consumption, the US economy has grown at a solid pace so far this year, albeit somewhat slower than in 2023. Following a longer period of stagnation,

Swedbank: A bumpy ride to recovery

Swedbank

Housing affordability improved in Tallinn and Vilnius, while remained nearly unchanged in Riga. The ECB cut its interest rates by 25 basis points in June; further cuts will continue supporting affordability. As expected, the ECB cut its interest rates in

Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for H1 2024

Baltic Horizon Fund

Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the six months of 2024. Our strategic ambitions Over the past year, our focus has been on reshaping our strategy to

Merko: 2024 6 months and II quarter consolidated unaudited interim report

Merko

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue for the 6 months of 2024 was EUR 204 million and net profit was EUR 17.5 million. Second-quarter revenue was EUR 122 million; net profit, EUR 13.1 million. The lower volumes from real estate

Merko: Adjustments to the structure of the group

Merko

AS Merko Ehitus adjusts the structure of the group with the aim of making the country-based management more effective and strengthening the focus on core activities, i.e. the provision of construction services and real estate development. On 1 August 2024

Swedbank: Estonian household consumption recovery is bumpy, but purchasing power is improving

Swedbank

Estonian household consumption has been declining since the second half of 2022 and is still falling; however, real wages started to grow in the second half of 2023. Meanwhile, household confidence is at the level last seen during the Global