In Q1 2024, GDP dropped 2.1% y/y in real terms and was slightly lower than in Q4 (swda), according to the flash estimate of Statistics Estonia. Thus, economic recession continued in Estonia in Q1, while the decline has slowed. Economic…
Miko Niinemäe, Chairman of the Board at Arco Vara is to leave the company, and the Supervisory Board has begun searching for a new board member, who will take over the leadership by the end of the year at the…
LHV Pank updated the equity research and price target of EfTEN Real Estate Fund AS (EfTEN; EFT1T) shares. According to the analysis, the price target for the share remained in the range of 19 to 20,1 euros. The mid-point of…
We announce that the Management Board is calling for the annual general meeting of the shareholder of AS Pro Kapital Grupp (registration code 10278802, located at Sõjakooli 11, Tallinn, Republic of Estonia; hereinafter the Company), which shall take place on…
Signs of stabilization in the Eurozone interest markets and Baltic economies were reflected in the consolidated results of EfTEN Real Estate Fund AS for the first quarter of 2024. The fund’s net rental income increased by 0.6% on an annual…
EfTEN Capital AS, as the management company of the EfTEN United Property Fund (stock market ticker EFCUPFFT, ISIN code EE3500001609) decided to make a cash distribution of 10,451 euro cents per unit from the fund to the unitholders. The distribution…
The management board of Nordecon AS (the “Company”) (registry code 10099962, address Toompuiestee 35, 10149 Tallinn) hereby calls an annual general meeting of shareholders, which shall be held on 22 May 2024 at 10:00 am at the Radisson Blu Hotel Olümpia…
The council of Nordecon AS approved on 19 April 2024 the consolidated audited annual report and profit allocation proposal for the year 2023. The council decided to present the annual report and profit allocation proposal as prepared by the management…
In March, EfTEN Real Estate Fund AS generated a consolidated rental income of 2,545 thousand euros, which is 6 thousand euros less than in February. The rental income decreased by 33 thousand euros in March due to the expiration of…
The Management Board of AS Merko Ehitus, registry code 11520257, seated at Järvevana tee 9G, Tallinn, 11314, will convene the annual general meeting of shareholders of AS Merko Ehitus on Wednesday, 8 May 2024 at 10.00 at Nordic Hotel Forum conference centre…
NOTICE OF THE ANNUAL GENERAL MEETING, ITS AGENDA AND PROPOSED RESOLUTIONS Dear shareholder of Arco Vara AS, Notice is hereby given that the annual general meeting of Arco Vara AS (registry number 10261718; registered office at Rotermanni 10, Tallinn) will…
The annual general meeting of shareholders of EfTEN Real Estate Fund AS was held on 02 April 2024 in the Radisson Collection Hotel Conference Center (2nd floor, Tallinn, Rävala 3). A total of 163 shareholders attended the meeting representing 7,623,639…
The net asset value (NAV) of EfTEN United Property Fund unit was 10.62 euros at the end of February, increasing by 0.3% over the month. If the fund’s investment in the EfTEN Real Estate Fund AS share is reflected on…
On 24 July 2023, AS Pro Kapital Grupp (“Pro Kapital”) announced that it has signed a preliminary agreement to acquire a 67.5% stake in Preatoni Nuda Proprieta S.R.L. (Preatoni Nuda Proprieta). With the signing of preliminary agreement, Pro Kapital reserved…
On March 20, Merko Ehitus group’s 100% subsidiary OÜ Merko Investments signed a division plan, according to which real estate development activities along with the corresponding assets and liabilities will be transferred to OÜ Merko Residential Investments, which is established…