Uudiste arhiiv

 

EfTEN: Net asset value of the EfTEN United Property Fund as of 30.04.2024

31.05.2024
EfTEN United Property Fund

The net asset value (NAV) of EfTEN United Property Fund unit was 10.70 euros at the end of April, increasing by 0.9% over the month. The jump in NAV was related to the investment of the listed fund EfTEN Real…

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Pro Kapital: Pro Kapital Council approved Consolidated Interim Report for I Quarter and 3 Months of 2024 (Unaudited)

28.05.2024
Pro Kapital

MANAGEMENT REPORT Real Estate Development In 2024, we are continuing the construction and sales activities of the last stage of Kalaranna 8, Tallinn. The final stage consists of 4 residential buildings with 146 apartments and 4 commercial units which, upon…

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Hepsor: Hepsor U34 SIA, Hepsor AS group company, signed construction agreement for the construction of StokOfiss 34 project in Riga

20.05.2024
Hepsor

Hepsor U34 SIA, a subsidiary of Hepsor AS Group, and construction company Mitt&Perlebach signed a contract on May 17, 2024, for the construction of a development project called StokOfiss 34 in Riga at Ulbrokas 34. The construction contract is approximately…

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Pro Kapital: Start of construction work on the Uus-Kindrali

20.05.2024
Pro Kapital

Pro Kapital has started the construction of the next phase of the Kindrali Houses project in Tallinn Kristiine City. The building at Talli 3/Sammu 8, which is part of the Uus-Kindrali project, will comprise 90 apartments and one commercial unit.…

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Swedbank: Housing affordability has started to improve, but the recovery won’t be quick

14.05.2024
Swedbank

Housing affordability improved in all Baltic capitals. ECB interest rate cuts now are less than a month away. Housing affordability continued increasing in Riga and Vilnius, and it started to increase in Tallinn as well, leaving behind the lowest point…

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Nordecon: 2024 first quarter consolidated interim report (unaudited)

09.05.2024
Nordecon

The first quarter of 2024 of the Nordecon Group is characterized by an increase in sales revenue, an improvement in profitability and an increase in the order book. The sales revenue of the first quarter of 2024 was 46,245 thousand…

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Swedbank: Estonian economic recession is only barely receding

03.05.2024
Swedbank

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…

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EfTEN: EfTEN United Property Fund unaudited financial results for 1st quarter of 2024

30.04.2024
EfTEN United Property Fund

EfTEN United Property Fund (hereinafter the Fund) earned 94 thousand euros in net profit in the first quarter of 2024 (2023 first quarter: 34 thousand euros in net loss). The fund’s revenues increased from 56 thousand euros to 155 thousand…

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Hepsor: Hepsor AS consolidated unaudited interim report for Q1 2024

30.04.2024
Hepsor

The consolidated sales revenue of Hepsor AS amounted to 2.3 million euros in the first quarter of 2024 and the net loss was 0.97 million euros (including a net loss attributable to the owners of the parent of 0.88 million…

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Arco Vara: Arco Vara unaudited consolidated interim report for Q1 of 2024

25.04.2024
Arco Vara

GROUP CEO’S REVIEW The beginning of the year was dominated by the European Central Bank’s benchmark rate cut, aimed at bringing about economic revival. However, instead of relying on factors that are outside of our control, we should continue to…

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Arco Vara: 2023 Annual Report of Arco Vara

04.04.2024
Arco Vara

GROUP CEO’S REVIEW While 2021 and 2022 were a sprint on the real estate market, last year marked the start of a marathon in the heat of Euribor.  The base interest rates of the central bank have pushed both investors…

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EfTEN: Net asset value of the EfTEN United Property Fund as of 29.02.2024

28.03.2024
EfTEN United Property Fund

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…

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Swedbank: A long-awaited recovery is on the way

18.03.2024
Swedbank

Housing affordability has bottomed out. Interest rates for new loans likely peaked in the fourth quarter. The sustained rapid net wage growth is the key factor in the recovery of affordability. Housing affordability finally started to improve in Riga and…

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Merko: Start of the construction of the Lucavsala residential project (Riga, Latvia)

08.03.2024

SIA Merks Mājas, part of AS Merko Ehitus group, has launched the Lucavsala residential project on Lucavsala island on the Daugava River in Riga. The first stage of the project comprises a connected complex of three building with 214 apartments…

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Swedbank: Estonia’s economic recession continued in Q4 2023

04.03.2024
Swedbank

Estonia’s GDP dropped 2.7% year-on-year in Q4 2023 and 3.0% in 2023 in real terms (non-adjusted), according to Statistics Estonia. In quarter-on-quarter comparison, GDP continued to contract in Q4, falling by 0.7% (swda). Nominal GDP growth slowed to 4.6% in…

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