Tühjalt seisev korter muutub korteriühistus väga tihti tüliõunaks – seda iseäranis juhul, kui omanik ei soovi ei korterit kütta ega ka muid arveid maksta. “Põhjuseid, miks korter tühjalt seisma jäetakse, on väga erinevaid. On lapsepõlvekodusid, mida hoitakse mälestuste tõttu, ent…
Management Board of Northern Horizon Capital AS has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the first nine months of 2023. Leasing activity Throughout Q1-Q3 2023, the Fund secured lease extensions with anchor…
MANAGEMENT REPORT CEO summary Q3 2023 marks as a continuation of the newly started developments of AS Pro Kapital Grupp. Real estate development In Tallinn, the decision taken earlier in the year on starting the construction and sales of Kalaranna…
EfTEN United Property Fund earned a net loss of 16 thousand euros in the 3rd quarter of 2023, and 87 thousand euros in 9 months of 2023. The loss was due to the market value change in listed EfTEN Real Estate…
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…
Manufacturing weakness is spilling over to the rest of the economy Core inflation finally starts dropping ECB hiking is done, cuts on the horizon In Europe, disappointing data continued pouring throughout the summer and into the fourth quarter. Manufacturing continued…
Hepsor SPV I Ltd, a Ontario-based subsidiary of Hepsor AS, made its second investment in the Canadian real estate market. An assembly of 3 properties was acquired in downtown Toronto at 164-168 Isabella Street together with Canadian partners. Elysium Isbella…
In early July, the Earth’s average temperature set a new all-time record, shattered three times within the same week. The surge in surface temperature escalates the likelihood of extreme weather events, such as heatwaves, floods, or storms. The realised economic…
MANAGEMENT REPORT CEO summary Q2 2023 marks as a continuation of the newly started developments of AS Pro Kapital Grupp. Real estate development In Tallinn, the decision taken earlier in the year on starting the construction and sales of Kalaranna…
The net asset value (NAV) of the EfTEN United Property Fund was 10.61 euros as of June 30, 2023. The NAV decreased by 0.3% in a month, which was related to the regular evaluation of the fund’s investments. Since the…
GROUP CEO’S REVIEW For Arco Vara’s standpoint, the real estate market was breathing easier in Q2 but will be more apparent after the summer how safe this uneven activity is. The resolutions of the European Central Bank regarding baseline interest…
The upward trend in interest rates, which started in mid-2022, continued in the first half of 2023. Within the euro area, including the Baltic countries, loans are based on the EURIBOR. Over the past six months, depending on the duration,…
Hepsor’s consolidated sales revenue for the second quarter of 2023 amounted to 14.6 million euros and net profit was 3.5 million euros (incl. the share owned by the parent company was 1.6 million euros). The consolidated sales revenue for the…
A 25bp hike and an end to APP reinvestments Another and possibly final hike in July Governing council served no surprises in today’s policy decision meeting. All key policy rates were increased by 25 basis points (bp). The council signaled…
Hepsor SPV I Ltd, a subsidiary of Hepsor in the Canadian province of Ontario, made its first investment in the Canadian real estate market. A property suitable for residential development was purchased in Toronto at 3406-3434 Weston Road together with…
