Uudiste arhiiv

 

Merko: 2023 9 months and III quarter consolidated unaudited interim report

02.11.2023
Merko

COMMENTARY FROM MANAGEMENT Q3 2023 revenue for Merko Ehitus was EUR 122 million and for the nine months was EUR 340 million. Net profit in Q3 was EUR 12.7 million and net profit for the nine months increased to EUR…

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Nordecon: 2023 III quarter and 9 months consolidated interim report (unaudited)

02.11.2023
Nordecon

Economic environment The rapid changes in the construction market due to the economic environment have continued, complicating the growth plans of companies and other related industries in the sector, and limiting their courage to act. Coping with difficult circumstances and…

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

16.10.2023
Merko

On 13 October 2023 UAB Merko Statyba, part of AS Merko Ehitus group, and UAB WINDLIT entered into the contract to perform the construction of foundations for 28 wind turbines, electrical cables and roads in a windfarm located in the…

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Swedbank: Affordability nearing the bottom, improvement on the horizon

21.09.2023
Swedbank

Housing affordability fell even further; now housing is unaffordable in Vilnius and Tallinn Interest rates are bogging down recovery With interest rates continuing to soar, housing affordability fell further. In the second quarter, Tallinn joins Vilnius in the sub-100 index…

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Hepsor: Hepsor’s Canadian subsidiary made its second investment in the Canadian real estate market

20.09.2023
Hepsor

Hepsor SPV I Ltd, a Ontario-based subsidiary of Hepsor AS, made its second investment in the Canadian real estate market. An assembly of 3 properties was acquired in downtown Toronto at 164-168 Isabella Street together with Canadian partners. Elysium Isbella…

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Swedbank: Raging storms, rising costs

22.08.2023
Swedbank

In early July, the Earth’s average temperature set a new all-time record, shattered three times within the same week. The surge in surface temperature escalates the likelihood of extreme weather events, such as heatwaves, floods, or storms. The realised economic…

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Pro Kapital: Pro Kapital Council approved Consolidated Interim Report for II Quarter and 6 Months of 2023 (Unaudited)

15.08.2023
Pro Kapital

MANAGEMENT REPORT CEO summary Q2 2023 marks as a continuation of the newly started developments of AS Pro Kapital Grupp. Real estate development In Tallinn, the decision taken earlier in the year on starting the construction and sales of Kalaranna…

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Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for H1 2023

09.08.2023
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 six months of 2023. Property valuations In June 2023, the portfolio valuations were conducted by the independent…

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Nordecon: 2023 II quarter and 6 months consolidated interim report (unaudited)

03.08.2023
Nordecon

The dynamics of the construction market reflect the ongoing economic downturn and uncertainty about the future. Although the increase in the construction price index slowed in the second quarter of this year and the construction price index fell by 0.5%…

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Merko: 2023 6 months and II quarter consolidated unaudited interim report

03.08.2023
Merko

COMMENTARY FROM MANAGEMENT Q2 2023 revenue for Merko Ehitus was EUR 142 million and the H1 figure was EUR 217 million. Net profit in Q2 was EUR 13.6 million and net profit for the last six months was EUR 19.4…

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EfTEN Real Estate Fund AS unaudited results for 2nd quarter and 6 months 2023

27.07.2023
EfTEN Real Estate Fund

The upward trend in interest rates, which started in mid-2022, continued in the first half of 2023. Within the euro area, including the Baltic countries, loans are based on the EURIBOR. Over the past six months, depending on the duration,…

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Merko: Construction contract in Lithuania – wind farm foundations, drainage and roads

13.07.2023
Merko

On 13 July 2023 UAB Merko Statyba, part of AS Merko Ehitus group, and UAB LT Energija entered into the contract to perform the construction of foundations for 40 wind turbines, drainage and roads in a windfarm located in the…

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Swedbank: Stability and Sustainability – Baltic and Swedish economies in doldrums

27.06.2023
Swedbank

Sweden: Economic growth has weakened Baltics: Insufficient demand and falling inflation Risks: Even weaker demand, higher unemployment, geopolitical pressures, deglobalisation Sustainability: Continued improvements are needed Swedish economy showed more resilience than expected in the first quarter, although a substantial positive…

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Baltic Horizon: Baltic Horizon Fund sold its share in BH Duetto UAB to ECRE IV (Lux) S.à.r.l.

09.06.2023
Baltic Horizon Fund

Baltic Horizon Fund closed today a transaction, in accordance to which 100% shareholding in BH Duetto UAB was sold to ECRE IV (Lux) S.à.r.l. fund. BH Duetto UAB owns Duetto I and II office buildings in Vilnius, Lithuania. The sales…

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Pro Kapital: Pro Kapital Council approved Consolidated Interim Report for I Quarter and 3 Months of 2023 (Unaudited)

19.05.2023
Pro Kapital

MANAGEMENT REPORT CEO summary Q1 2023 marks as a start of new developments in AS Pro Kapital Grupp. Real estate development In Tallinn, we took the decision to start the final stage of development in Kalaranna 8. This last and…

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