Highlights of 2015 Öpik Building’s construction work began Mainor Ülemiste AS (MÜC) launched Öpik Building construction in the beginning of 2015 by construction company Merko LLC. In August 2015 the financing agreement with Nordea Bank was signed and iIn November…
Colonna’s investors have acquired 18 retail properties in Estonia, housing Rimi and Säästumarket shops with a total lease area of 16,818 m2 of which five are located in Tallinn, the Estonian capital. The former owner of the properties was Kinnisvaravaldus,…
Last week several updates on some important economic indicators were published. Unfortunately the news were mainly negative – industrial production is falling, orders are decreasing and employee’s pay is not growing from the company’s increasing income but from investments. Industry…
SNC-Lavalin Homburg Property Management, a company owned by two Canadian capital holding companies, has opened an office in Tallinn. Similar ventures are also being opened in Riga and Vilnius. The company was founded by one of the biggest engineering, construction…
Compared with the first quarter of 2010, the number of commerical real estate deals in Estonia has fallen by 18 per cent. However, their size and value has actually increased. The monthly average transaction value has risen by 48 per…
Tallinn Property and Goodson & Red are pleased to announce that our latest Tallinn Property and Rental Market Quarterly Review is ready. Covering all developments in the first quarter of 2011, as always the review contains an in-depth look at the…
In recent months Estonia’s leading real estate online portals have closed hundreds of accounts of real estate agents because of debts. Real estate developer turns attention to state real estate auctions Tarvo Teslon, CEO of Diginet that runs the popular…
Rimi Baltic AB, the joint venture owned 50/50 by Kesko Food Ltd, a company belonging to Kesko Group, and ICA Baltic AB, a company belonging to the Swedish ICA Group, starts operating in the Baltic countries today. The parties have…
Rimi Baltic AB, the joint venture owned 50/50 by Kesko Food Ltd, a company belonging to the Finnish Kesko Group, and ICA Baltic AB, a company belonging to the Swedish ICA Group, starts operating in the Baltic countries today. The…
Paul Oberschneider, Chairman of Ober-Haus, announced today the purchase of the majority of shares in Ober-Haus Real Estate Agency, Central and Eastern Europe-s largest real estate brokerage business with 31 offices throughout Estonia, Latvia, Lithuania and Poland. Oberschneider, along with…
