Uudiste arhiiv

 

Arco Vara: Unaudited consolidated interim report for Q4 and 12 months of 2021

Arco Vara

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

Trigon Property Development: Sale of real estate property

Trigon Property Development

On 17.02.2022 AS Trigon Property Development and Altius Capital OÜ concluded a real right agreement on sale of real estate property belonging to AS Trigon Property Development. The land sold was a part (5330/32074 or 5 330 m2) of Arukase

Baltic Horizon: Baltic Horizon Fund Consolidated Unaudited Interim Results for Q4 2021

Baltic Horizon Fund

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

Merko Ehitus: 2021 12 months and IV quarter consolidated unaudited interim report

Merko Ehitus

COMMENTARY FROM MANAGEMENT Fourth-quarter revenue for Merko Ehitus was EUR 112.8 million and net profit for the same period was EUR 13.9 million. The revenue for the 12 months of 2021 grew by 7% compared to the previous year to

Nordecon: 2021 IV quarter and 12 months consolidated interim report (unaudited)

Nordecon

The key words for 2021 are the rapid recovery of the construction market volumes that fell in 2020 and the sharp rise in input prices, which put strong pressure on the cost of previously concluded long-term construction contracts. The whole

Swedbank: Food prices jumped in Estonia

Swedbank

Consumer prices rose by 11.3% in a year and -0.1% in a month in Estonia. Although electricity and gas prices fell compared to December, food prices rose significantly. Food prices showed such a rapid month-on-month growth rate previously 15 years

Baltic Horizon: Baltic Horizon Fund declares quarterly cash distribution of approx. EUR 2.27 million to investors

Baltic Horizon Fund

Northern Horizon Capital AS as the management company of Baltic Horizon Fund (the Fund) has approved a cash distribution of approx. 1.79% of the Fund’s Q4 2021 weighted average net asset value to its unitholders. This equals approx. EUR 2.27

Swedbank: Economy Heat Index: the temperature is just right

Swedbank

2021 was a good year for the Baltic economies – GDP grew rapidly, domestic demand recovered, and the labour market followed. Economic temperature ticked up in all three Baltic states and is already approaching the long-run average. Heat is building

Hepsor: Subsidiary of Hepsor AS to acquire a commercial property development project in Latvia

Hepsor

On 28 December 2021 Hepsor Latvia OÜ, a subsidiary of Hepsor AS, signed a contract under law of obligation to acquire a property of 30,624 m2 in Ganibu Dambis 17A, City of Riga. The property has 13 buildings of different

EfTEN: Net asset value of EfTEN Real Estate Fund III AS as of 31.12.2021

EfTEN Real Estate Fund

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

Swedbank: Inflation super rapid in December in Estonia

Swedbank

Prices increased by 12.2%, over the year, in December. Inflation reached 12% last time in the 1990s. More than half of the price increase came from higher energy prices, mainly electricity. The rise in consumer prices is expected to accelerate

Hepsor: Subsidiary of Hepsor AS to acquire a commercial property development project in Latvia

Hepsor

On 28 December 2021 Hepsor Latvia OÜ, a subsidiary of Hepsor AS, signed a contract under law of obligation to acquire a property of 30,624 m2 in Ganibu Dambis 17A, City of Riga. The property has 13 buildings of different

Swedbank: Baltic HAI – Surging prices and strong wage growth

Swedbank

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

Hepsor: Subsidiary of Hepsor AS to acquire a property development project in Latvia

Hepsor

Hepsor Latvia OÜ, as subsidiary of Hepsor AS, signed a sales-purchase agreement on 15 December 2021 to acquire 100% shares of Latvian company Brofits SIA. The parties have decided not to disclose the transaction price. The acquired company owns a

Swedbank: Prices increase more than wages in Estonia

Swedbank

Annual inflation reached 8.8% in November. The prices of energy and food contributed the most. Price growth is likely to accelerate further in December. The rise in prices is expected to decelerate next spring. Inflation picked up as expected. Inflation