On 9 June 2020, AS Pro Kapital Grupp (“Pro Kapital”) initiated a written procedure (the “Written Procedure”) among the holders of its senior secured bonds 2020/2024 with ISIN SE0013801172 (the “Bonds”) to request the holders to approve an amendment of the…
MANAGEMENT REPORT Chairman’s summary 2019 was as a year of challenges, opportunities and acknowledgment, which is characteristic to many companies with an eye on the future and ambition for growth. The key focus of our work is on large-scale development…
To improve the attractiveness of Tallinn as a tourist destination and to offer local citizens new recreational opportunities AS Tallink Grupp (the Group), the Group’s largest shareholder AS Infortar and the City of Tallinn signed today a memorandum of understanding…
Regardless of holiday waves and the warm August, the real estate market was operating at top speed. According to the final figures, 2,087 sales-purchase transactions of apartment ownerships were concluded in August, which was the second best result of this…
EstateGuru has taken possession of its first defaulted loan’s collateral and has started the sales process to regain investors’ funds. In October, Toome avenue development loan in the amount €224,000 reached its maturity date, however the borrower had become insolvent…
According to an international survey conducted in 2013, as much as 74 per cent of Latvian families experienced some negative impact – job loss or decreased income – from the economic crisis. In Estonia, the proportion of such families was…
Following on from our article yesterday in which we outlined what you should do when letting out property in Estonia, here as promised is part two, in which we detail the ‘don’ts’… 1) Don’t wait to secure the highest rental rate…
Following hot on the heels of our recent posts on where to buy in Tallinn, Estonian real estate terminology getting lost in translation, and top tips when buying in Estonia, all of which we hope you’ve found helpful, we thought we’d continue on…
In amongst all the up-to-date news and developments about the real estate market, and everything else in Tallinn and Estonia, we like to provide concrete advice to those who are thinking of buying in Tallinn. After all, property is our…
An interesting and detailed post here, from the redoubtable Edward Hugh, about one of the two other CEE countries, apart from Estonia, that have acceded to the Eurozone, namely Slovenia (the third country is Slovakia). Having consistently outperformed Estonia and even ‘older’…
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