Uudiste arhiiv

 

Swedbank: Prices have stabilised at a high level

08.11.2023
Swedbank

During the past six months, consumer prices have not grown in Estonia. In October, prices were at the same level as in April this year. However, the average consumer basket is still about 30% more expensive than 2 years ago.…

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Nordecon: Notice of extraordinary general meeting of shareholders of Nordecon AS

08.11.2023
Nordecon

The management board of Nordecon AS (the “Company”) (registry code 10099962, address Toompuiestee 35, 10149 Tallinn) hereby convenes an extraordinary general meeting of shareholders, which shall be held on 29 November 2023 at 10:00 am at the Radisson Blu Hotel Olümpia conference centre at…

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Nordecon: Information on the sale of subsidiary

08.11.2023
Nordecon

At the 7 November 2023 meeting of the supervisory board of Nordecon AS (hereinafter the “Company”), it was decided that the Company’s 52% majority holding in OÜ Nordecon Betoon (hereinafter also the “Private Limited Company”) will be sold in full…

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Nordecon: Construction contract (Golden Gate office building in Tallinn)

03.11.2023
Nordecon

Nordecon AS and Rotermann Pluss OÜ, the owner of the Golden Gate office building being developed by US Real Estate, entered into a contract for the design and construction of the office building in Tallinn, located at Ahtri 6. The…

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Merko: 2023 9 months and III quarter consolidated unaudited interim report

02.11.2023

COMMENTARY FROM MANAGEMENT Q3 2023 revenue for Merko Ehitus was EUR 122 million and for the nine months was EUR 340 million. Net profit in Q3 was EUR 12.7 million and net profit for the nine months increased to EUR…

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Nordecon: 2023 III quarter and 9 months consolidated interim report (unaudited)

02.11.2023
Nordecon

Economic environment The rapid changes in the construction market due to the economic environment have continued, complicating the growth plans of companies and other related industries in the sector, and limiting their courage to act. Coping with difficult circumstances and…

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Swedbank: Estonia: the economic recession is receding gradually

30.10.2023
Swedbank

In Q3, GDP dropped 2.5% y/y in real terms and remained on the same level compared with the previous quarter (swda), according to the flash estimate of Statistics Estonia. The GDP flash estimate was close to our expectations. Estonian GDP…

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EfTEN: EfTEN Real Estate Fund AS unaudited results for 3nd quarter and 9 months 2023

26.10.2023
EfTEN Real Estate Fund

The increase in interest rates, which has been the main factor influencing the real estate sector over the past year, showed the first signs of stabilisation in the third quarter of 2023. Over three months, the EURIBOR, used as the…

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Arco Vara: Unaudited consolidated interim report for Q3 and 9 months of 2023

26.10.2023
Arco Vara

GROUP CEO’S REVIEW Summer is traditionally the low season in the real estate market, but this year it did not apply to Arco Vara, as the third quarter showed. Although interest rates remain high, Arco Vara has been successful in…

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Merko: Construction contract in Estonia (Metec factory building)

16.10.2023

On 16 October 2023, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and Jalaka Kinnisvara OÜ, part of OÜ Ritola group, entered into an additional works agreement, which supplemented the contract for the construction of a factory building.…

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Merko: Division of the group’s Estonian subsidiary

06.10.2023

On October 5, Merko Ehitus group’s 100% subsidiaries OÜ Merko Kodud and AS Merko Ehitus Eesti signed a division agreement, according to which real estate development activities along with the corresponding assets and liabilities will be transferred to OÜ Merko…

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EfTEN: LHV Pank updated equity research on EfTEN Real Estate Fund AS

28.09.2023
EfTEN Real Estate Fund

LHV Pank updated the equity research and price target of EfTEN Real Estate Fund AS (EfTEN; EFT1T) shares. According to the analysis, the new price target for the share is in the range of 19 to 20,1 euros. That is…

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Hepsor: Hepsor P113 OÜ, an affiliate of Hepsor AS, terminated a lease agreement

05.09.2023
Hepsor

Hepsor P113 OÜ, an affiliate of Hepsor AS with a 45% shareholding, terminated the lease agreement with Novel Clinic Assets OÜ. Hepsor P113 OÜ owns a commercial building with a leasable area of ca 4,000 m2 in Tallinn, at Pärnu…

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Trigon Property Development: Unaudited financial report for the second quarter and 6 months of 2023

30.08.2023
Trigon Property Development

The main business activity of Trigon Property Development AS is real estate development. As at 30.06.2023, AS Trigon Property Development owned one development project with an area of 12.8 hectares in the City of Pärnu, Estonia. A commercial, industrial and…

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Merko: Construction contract in Estonia (logistics center of Tallinna Kaubamaja Grupp)

22.08.2023

On 22 August 2023, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and TKM Kinnisvara AS, part of Tallinna Kaubamaja Grupp AS, entered into a contract for the construction of a logistics center at Paemurru 1, Maardu. According…

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