Invego Latvia OÜ, a company listed on the Nasdaq Tallinn First North market, will disclose its interim report for the first half of 2025 (covering the period from 18 March 2025 to 30 June 2025). The report will be available:…
Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the six months of 2025. Challenges in Executing our Strategy Our strategy emphasizes developing governmental and social tenant concepts and centrally…
On 28 July 2025, AS Merko Ehitus Eesti, part of the AS Merko Ehitus group, and Brackmann Arendus OÜ signed a design-and-build contract for the construction of a hotel and entertainment and conference centre in Pärnu at Ranna pst 7…
GROUP CEO’S REVIEW The second quarter of 2025 marked a continuation of the cautious yet gradual recovery in the real estate market. Market stability, the slow decline in interest rates, and the downward trend of Euribor continue to provide a…
On 19 June 2025, Hepsor Latvia OÜ, a subsidiary of Hepsor AS, and INTH Vara OÜ (hereinafter Perton) signed a shareholder agreement to start the construction of a 13-storey residential building at Dzelzavas iela 74C, in Riga. According to the…
MANAGEMENT REPORT Real Estate Development Tallinn During the first quarter of 2025, construction of the final phase of the Kalaranna development (4 buildings, 146 units) reached substantial completion, although some minor finishing works continued into the second quarter. As of…
Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the three months of 2025. Our strategic ambitions Over the past years, our focus has been on reshaping our strategy to…
In the first quarter of 2025, EfTEN Real Estate Fund AS invested a significant part of the capital raised in the previous quarter, primarily in the elderly care home segment. In February, the Fund’s 100% subsidiary EfTEN Hiiu OÜ signed…
UAB Merko Būstas, part of AS Merko Ehitus group, has launched the fourth stage of the Vilneles Skverai residential project located on the outskirts of the Old Town of Vilnius. The new stage includes in total of six apartment buildings…
GROUP CEO’S REVIEW The year 2024 brought numerous challenges in the sector of real estate, requiring companies to be flexible, exercise strategic planning, and adapt to the changing market conditions. The real estate developer Arco Vara faced a complicated economic…
The net asset value (NAV) per unit of the Baltic Horizon Fund (the Fund) remained at a similar level and was EUR 0.6826 at the end of February 2025 (0.6834 as of 31 January 2025). The month-end total net asset…
Baltic Horizon Fondi (Fond) osaku puhasväärtus (NAV) 2025. aasta veebruari lõpu seisuga jäi samale tasemele ja oli 0,6826 euroni osaku kohta (31. jaanuar 2025: 0,6834). Fondi kogu puhasväärtus on 98,0 miljonit eurot (31. jaanuar 2025: 98,1 eurot). EPRA NRV 2025.…
EfTEN Real Estate Fund AS earned consolidated rental income of EUR 2,566 thousand in February, which is EUR 9 thousand more than in January. The rental income increased mainly due to the quarterly increase in rental income in Ermi care…
Kodusadam OÜ, a joint venture of OÜ Merko Kodud and AS BLRT Grupp, has decided to launch a real estate development project at Allveelaeva 2 (merko.ee/allveelaeva) in the Noblessner harbour district. The apartment building with 83 apartments and 6 commercial…
Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the twelve months of 2024. Our strategic ambitions In 2024, the Fund’s management team made the strategic decision to implement key…