Nordecon AS and the Tallinn Property Department have signed a contract for the construction of a new school building for Helen’s School, which serves children with special needs, in the Põhja‑Tallinn district. The total contract value is 12.6 million euros,…
Bonds Volta SKAI bonds are a secured bond programme of 30 million euros to finance the Volta SKAI development. In the second half of 2025, the first two series of the programme were carried out, with the total volume of…
EfTEN United Property Fund earned a net profit of 223 thousand euros in January (the same period last year: 408 thousand euros). Decrease in profit was primarily related to the investment in EfTEN Real Estate Fund AS shares, which share…
Nordecon AS and East Capital Park Rae OÜ have signed a contract for the construction of the first building and the related outdoor areas of the logistics and light industrial park Park Rae, planned in Rae municipality, located at Pähklimäe…
As of 1 February 2026, Kadri Koplimäe will return to the position of Chief Financial Officer of Endover OÜ, taking over the role from Tiina Malm, who joined the company last year. According to Endover’s CEO Roul Tutt, the decision…
Kristina Mustonen, Member of the Management Board and Chief Executive Officer at Arco Vara AS has submitted her resignation from the positions of Member of the Management Board and Chief Executive Officer on her own initiative. According to Kert Keskpaik,…
Arco Vara AS announces a change in the structure of shareholders holding a significant shareholding. On 14 January 2026, Peeda OÜ notified Arco Vara AS that it has acquired 1,215,000 shares of Arco Vara AS, corresponding to 7.0% of the…
Nordecon AS and its subsidiary Embach Ehitus OÜ as joint bidders and Riigi Kinnisvara AS have signed a contract following the alliance procurement model for the design and construction works of the Võru special training infrastructure. The estimated total cost…
With the 09.08.2021 stock exchange announcement, AS Merko Ehitus disclosed information concerning the decision of the Latvian Competition Council according to which the group’s then subsidiary SIA Merks is considered one of the nine companies involved in the prohibited cooperation…
The main business activity of Trigon Property Development AS is real estate development. As at 30.09.2025, AS Trigon Property Development owned one development project with an area of 13.2 hectares in the City of Pärnu, Estonia. A commercial, industrial and…
MANAGEMENT REPORT Real Estate Development Tallinn During the third quarter of 2025, construction works continued at the Uus-Kindrali project, located in Kristiine City, Tallinn. The White Building (91 residential units) at Talli Street 3 / Sammu Street 8 has progressed well. As…
Summus Capital OÜ has released its consolidated financial results for the third quarter of 2025, highlighting stable financial performance, a strong balance sheet and continued portfolio optimization across the Baltic region and Poland. In the third quarter of 2025, the…
AS Nordecon group company Tariston AS and the Estonian Transport Administration have concluded a contract for the construction of the Päädeva–Orgita road section located at kilometres 62.2–64.8 and Haimre traffic junction and road section at kilometres 68.2–70.2 of National Road…
Correction: The consolidated cash flow statement on page 22 has been corrected, as well as the cash flow-related figures in the Key Financial Indicators table on page 11. All other information remains unchanged. GROUP CEO’S REVIEW The Estonian real estate market…
Arco Vara AS will pay its shareholders a dividend of EUR 0.02 net per share for the financial year 2024. The dividends will be paid out to shareholders on 12 November 2025. In accordance with the company’s approved dividend policy,…
