In May 2024, the Estonian FSA performed an on-site inspection, assessing the internal control system of Northern Horizon Capital AS and the implementation of measures to prevent and mitigate conflicts of interest. On 19 December 2024, the Estonian FSA issued…
Liven AS has harmonised the articles of associations of the group’s subsidiaries registered in Estonia and supplemented them, where necessary, with the right to establish a voluntary reserve. Among others, the amendment concerns the following subsidiaries that are considered significant…
“Although in the EfTEN team we are convinced that the bottom of the Baltic commercial real estate market has passed, we were unable to convey this clearly enough to investors. At the moment, many investors seem to prefer bonds over…
EfTEN Capital AS and Südamekodud AS have entered into a preliminary agreement, according to which EfTEN Real Estate Fund AS will acquire a property located at Hiiu tn 42 in the Nõmme district of Tallinn through a to be established…
In the third quarter of 2024, Estonian GDP dropped by 0.7% y/y in real terms (seasonally non-adjusted), while remained at the same level compared to the previous quarter (seasonally and working day adjusted), according to the updated estimate of Statistics…
Arco Vara AS informs that the list of shareholders who are entitled to dividends shall be fixed on 6th of December 2024, as at the end of the working day of Nasdaq CSD Estonian Settlement System, and therefore the dividend…
We are excited to invite you to the Nordic Real Estate Forum 2025 – the premier gathering for real estate leaders across the Nordics and Baltics! Mark your calendar for March 20, 2025, at Tallinn Creative Hub in Estonia or…
With interest rates falling faster than expected and wage growth remaining strong, housing affordability gradually improves. Both factors will continue boosting affordability and demand in Latvia and Lithuania next year, while Estonia will rely solely on lower rates. Favourable inflation…
EfTEN Real Estate Fund AS (registry code 12864036, address A. Lauteri 5, 10114 Tallinn) announces a public offering of shares based on a decision of the fund’s Supervisory Board dated November 11, 2024, and informs about the planned listing and admission…
Estonian Business Schooli (EBS) kõrvale rajatava Eedu haridus- ja ettevõtluslinnaku ehitustöödel alustatakse peagi betoonitöödega. Selle käigus valmib kolme maa-aluse ja kolmekümne maapealse korrusega hoone karkass. Töid teostab ehituse peatöövõtule ja betoonitöödele spetsialiseerunud ehitusettevõte NOBE, kellel on valdkonnas ligi 25 aastat…
EfTEN United Property Fund invests 2.5 million euros (ca 9% of fund AUM) in EfTEN Real Estate Fund 5 aimed at institutional investors. The latter acquires Kristiine shopping centre in Tallinn. Kristiine keskus is one of the best-known shopping centers…
AS Nordecon group company Embach Ehitus OÜ and Lidl Eesti OÜ signed a contract for the construction of a Lidl store located at Riia 1, Viljandi. The total value of the contract is 4.81 million euros without VAT and the…
Nordecon AS and Eesti Rahvusringhääling (Estonian Public Broadcasting) entered into a contract for the construction of the new TV house in Tallinn, located at F.R. Kreutzwaldi tn 14 / Gonsiori tn 21. The new television building is a multifunctional structure…
Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the nine months of 2024. Our strategic ambitions Over the past year, our focus has been on reshaping our strategy to…
At a meeting of the Supervisory Board of Nordecon AS held on 6 November 2024, it was decided that as of 1 January 2025, Priit Luman will be recalled from his position as a member of the Management Board, and…
