Nordecon AS and its subsidiary Embach Ehitus OÜ as joint bidders and Mainor Ülemiste AS have signed a contract for the performance of design and construction works of Ülemiste City education complex. Construction work will commence in November 2022 after…
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 19.3997 euros as of 28.02.2022, increasing by 0.8% during February. The net asset value of the EPRA share (EPRA NRV – net book value excluding the deferred…
MANAGEMENT REPORT Chairman’s summary The fourth quarter of 2021 has confirmed the positive trend seen in the previous quarter. The overall market is healthy and we are seeing a solid and steady demand for our projects. The construction market still…
The main business activity of Trigon Property Development AS is real estate development. As at 31.12.2021, AS Trigon Property Development owned one development project with an area of 14.29 hectares in the City of Pärnu, Estonia. An industrial and logistics…
Unaudited financial results of Hepsor AS for 12 months and Q4 2021 Hepsor AS consolidated sales revenue for the 2021 financial year amounted to 15 million euros and its net profit was 1.7 million euros (including 0.02 million euros attributable…
Ernesto Achille Preatoni, the major shareholder of AS Pro Kapital Grupp or Pro Kapital, sent a letter to Pro Kapital informing the company that he plans to participate with his asset portfolio in the SPAC (special purpose acquisition company), which…
Nordecon AS and its subsidiary Embach Ehitus OÜ as joint bidders and Tartu University Hospital have signed a contract for the performance of reconstruction works on floors 2 to 4 of the hospital’s wing A, located L. Puusepa 8, Tartu.…
On 3 February 2022, Tallinna Teede AS, part of AS Merko Ehitus group, and Tallinn Urban Environment and Public Works Department and AS Tallinna Vesi as co-financer have entered into a contract to perform reconstruction works of approximately 1.4 km…
Shareholders of Hepsor P26B OÜ, a subsidiary of property development company Hepsor AS, approved the company’s notarized division plan on 7 December 2021. Hepsor AS holds 51% of Hepsor P26B OÜ, a company established for development of Lauluväljaku Lilleaia project.…
Nordecon Betoon OÜ (brand name NOBE), a Nordecon Group company entered into a contract with Tohvri-Kivi OÜ, an Invego Group company for the design and construction of the Uus-Järveküla housing estate in Rae parish. 28 terraced houses and eight semi-detached…
AS Pro Kapital Grupp (Pro Kapital) informs that on 31 December 2021 the term of office ends for two current Members of the Board – Paolo Michelozzi and Edoardo Preatoni. From 1 January 2022 Paolo Michelozzi is stepping down as…
The main business activity of Trigon Property Development AS is real estate development. As at 30.09.2021, AS Trigon Property Development owned one development project with an area of 14.3 hectares in the City of Pärnu, Estonia. An industrial and logistics…
MANAGEMENT REPORT CEO summary The third quarter of this year has been very dynamic, with amazing results in sales activities and exceeding expectations when signing presale agreements, but it has been also challenging in development activities due to changes in…
AS Nordecon group company Embach Ehitus OÜ entered into contract with Viljandi Aken ja Uks AS for the design and construction of the extension of the company’s production facilities in Raua str, Viljandi. A one-storey production area and a two-storey…
AS Nordecon group company Nordecon Betoon OÜ (brand name NOBE) and Mapri Ehitus OÜ as joint bidders entered into contract with Porto Franco OÜ for the construction of the building III of Porto Franco real estate development in Kai street…
