Nordecon AS and the Estonian Centre for Defence Investments have signed a contract for the construction of a building in Harju County. The contract is valued at 2.8 million euros, plus VAT, and the construction work will be completed in…
GROUP CEO’S REVIEW Kert Keskpaik, CEO and Member of the Management Board of Arco Vara AS: “In the third quarter of 2026, Arco Vara AS continued its operations in the real estate development sector. The objectives for the quarter were…
Nordecon AS group company Eurocon Ukraine LLC and Airlogix LLC have signed contracts for the construction of three warehouse buildings in the Kyiv region of Ukraine. The total value of the contracts is UAH 259.5 million, equivalent to approximately EUR…
Fund manager’s commentary In Q3 2026, EfTEN Real Estate Fund AS focused on integrating the Magistral shopping centre, acquired in June, completing the reconstruction of Nõmme Südamekodu and maintaining the occupancy of its existing real estate portfolio. In August, the…
The first nine months of 2026 were characterised by active development and substantial investments for Hepsor. The Group has reached the most capital-intensive stage of its investment cycle, as reflected in the 44% year-on-year increase in total assets. The new…
By a resolution of the supervisory board of Tariston AS, a wholly owned subsidiary of Nordecon AS, Elmo Riig has been appointed as a new member of the management board as of 4 January 2027. He will be responsible for…
Nordecon AS group company Embach Ehitus OÜ and OÜ Nõo Lihatööstus have entered into a contract for the construction of a cold storage facility for Nõo Lihatööstus. The contract value is EUR 4.7 million, excluding VAT. The building is scheduled…
Baltic Horizon Capital AS, the management company of Baltic Horizon Fund, hereby informs of changes in the management board. Ülari Niinemägi has been proposed for appointment as a member of the management board of Baltic Horizon Capital AS. The Estonian…
AS Nordecon group company Embach Ehitus OÜ and Kaarsilla Kinnisvara OÜ have entered into a contract for the construction of an apartment building at Kalda tee 57 in Tartu, forming part of the Kaldapesa kodud residential development. The contract value…
At its meeting held on 8 October 2026, the Supervisory Board of Arco Vara AS decided to recall Rait Riim from the Management Board and to appoint Kert Keskpaik as the new Member of the Management Board and manager of…
AS Nordecon group company Embach Ehitus OÜ and the Estonian University of Life Sciences have entered into a contract for the design and reconstruction of blocks 3 and 5 of the academic building at Kreutzwaldi 56 in Tartu. The contract…
Arco Vara AS entered into a preliminary agreement for the sale of its 75% stake in the Bulgarian real estate development company Botanica Lozen EOOD. The buyer is Kamaleo Invest OOD, which already owns 25% of Botanica Lozen EOOD. The…
On Friday, 18 September 2026, the public offering of bonds of AS Pro Kapital Grupp (hereinafter Pro Kapital) (the Offering) closed. The Offering was conducted on the basis of the base prospectus for the public offering and admission to trading…
EfTEN United Property Fund earned a net profit of 58 thousand euros in August and 624 thousand euros over the first eight months of 2026 (2 012 thousand euros in the same period last year). The net asset value (NAV)…
AS Nordecon group company Embach Ehitus OÜ and Iverta Kapital OÜ have entered into a contract for the construction of a sports building with commercial premises in the Serv Quarter development at K. Kärberi 46/2, Tallinn. The value of the…