AS Pro Kapital Grupp informs that it is redeeming 24 572 “EUR 7.00 PRO KAPITAL GRUPP CONV. BOND PKG6 11-2021” convertible bonds with ISIN EE3300109982 in total nominal value of 15 726.08 euros and issue value of 68 801.60 euros and…
The majority shareholder of Arco Vara AS („Arco Vara“) OÜ Alarmo Kapital notified stock exchange on 2 March 2021 of a mandatory takeover bid for purchasing all Arco Vara shares. The purchase price is 1,30 euros per share. Arco Vara…
AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the Metsatuka residential development project in Nõmme district in Tallinn. The project includes two buildings at Teelise 6 and Teelise 8/10 with 130 apartments, which will…
The main business activity of Trigon Property Development AS is real estate development. As at 31.12.2020, AS Trigon Property Development owned one development project with an area of 21 hectares in the City of Pärnu, Estonia. An industrial and logistics…
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…
Nordecon’s sales revenue increased by approximately 26% in 2020 compared to the previous year, and this is the largest turnover of the Nordecon Group ever. The volume growth was based on contracts concluded in record volumes in 2019. The construction…
AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the second stage of Erminurme residential development project in Tartu Parish. The stage includes two buildings at Erminurme Road 12 and 16 with 37 apartments, which…
Northern Horizon Capital AS as the management company of Baltic Horizon Fund (the Fund) has approved a cash distribution of approx. 0.93% of the Fund’s Q4 2020 weighted average net asset value to its unitholders. This equals to approx. EUR 1.32…
Kodusadam OÜ, a joint venture of AS Merko Ehitus Eesti and AS BLRT Grupp, has decided to launch a new real estate development project (merko.ee/vesilennuki) in Noblessner seafront quarter, which comprises in total of five residential buildings with 161 apartments…
On 15.01.2021 AS Trigon Property Development and Sanitex OÜ concluded a real right agreement on sale of real estate property belonging to AS Trigon Property Development. The land plot sold was located at Niidu 9a with a size of 34 335…
AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the Nõmme 328 residential development project in Tallinn. The building with 38 apartments and 6 commercial spaces will be completed in summer of 2022. The Nõmme…
Last year’s deflation was caused by sluggish demand and a decline in taxes. Inflation should return in the second quarter this year. Consumer prices decreased by 0.4% in Estonia in 2020, one of the weakest price recordings in the euro…
SIA Merks, part of AS Merko Ehitus group, has started the construction of the first stage of Merks Mežpilsēta residential project in Riga. Three 5-storey buildings with 117 apartments are to be completed by the end of 2021. Energy class…
EfTEN Pirita OÜ (former business name EfTEN SPV19 OÜ), a 100% subsidiary of EfTEN Real Estate Fund III AS, completed the registered immovable acquisition from Arca Varahaldus OÜ, located at OÜ Hunditubaka tee 12 / Karukella tee 5 in Tallinn…