Uudiste arhiiv

 

Merko: 2023 6 months and II quarter consolidated unaudited interim report

COMMENTARY FROM MANAGEMENT Q2 2023 revenue for Merko Ehitus was EUR 142 million and the H1 figure was EUR 217 million. Net profit in Q2 was EUR 13.6 million and net profit for the last six months was EUR 19.4

EfTEN: EfTEN United Property Fund unaudited financial results for the 1st half-year and 2nd quarter of 2023

EfTEN United Property Fund

EfTEN United Property Fund earned a net loss of 71 thousand euros in the first half of 2023, including 37 thousand euros in the second quarter. The loss was primarily related to the revaluation and decrease in the value of

EfTEN: Net asset value of the EfTEN United Property Fund as of 30.06.2023

EfTEN United Property Fund

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

Swedbank: The ECB wants to pause, the data are likely to allow that

Swedbank

All key interest rates increased by another 25 basis points, to record high levels l We maintain our forecast that this was the last rate increase in current hiking cycle As expected, today the Governing Council decided to raise all

Arco Vara: Unaudited consolidated interim report for Q2 and 6 months of 2023

Arco Vara

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

EfTEN Real Estate Fund AS unaudited results for 2nd quarter and 6 months 2023

EfTEN Real Estate Fund

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,

Baltic Horizon Fund publishes its NAV for June 2023

Baltic Horizon Fund

The net asset value (NAV) of the Baltic Horizon Fund (the Fund) unit at the end of June 2023 amounted to EUR 0.9905 per unit. Compared to the previous month, NAV per unit decreased by 10.4%. The total net asset

Eften: The net asset value of EfTEN Real Estate Fund AS shares as of 30.06.2023

EfTEN Real Estate Fund

The net asset value per share of EfTEN Real Estate Fund AS was 20.3464 euros as of June 30, 2023, and the EPRA NRV was 21.0135 euros. Both the net asset value, calculated according to IFRS, and EPRA NRV fell

Swedbank: Stability and Sustainability – Baltic and Swedish economies in doldrums

Swedbank

Sweden: Economic growth has weakened Baltics: Insufficient demand and falling inflation Risks: Even weaker demand, higher unemployment, geopolitical pressures, deglobalisation Sustainability: Continued improvements are needed Swedish economy showed more resilience than expected in the first quarter, although a substantial positive

Swedbank: ECB update – No surprises

Swedbank

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

Swedbank: Housing affordability fell further, but the bottom is near

Swedbank

Housing affordability kept decreasing; housing became unaffordable in Vilnius Apartment sales were down, but prices were sticky The rapid increase in wages was insufficient to counter the negative impact of high interest rates and still-elevated prices. As a result, housing

EfTEN: The net asset value of EfTEN Real Estate Fund AS shares as of 31.05.2023

EfTEN Real Estate Fund

In May, EfTEN Real Estate Fund AS consolidated rental income was 2,554 thousand euros, i.e., 12 thousand euros more than in April. The rental income increased primarily due to rent indexations and turnover rents in companies owning shopping center properties.

EfTEN: The net value of EfTEN Real Estate Fund AS shares as of 30.04.2023

EfTEN Real Estate Fund

The consolidated rental income of EfTEN Real Estate Fund AS was 2,542 thousand euros in April, i.e. 29 thousand euros more than in March. Rental income increased due to rent indexation in three Latvian investment properties (by 8%-21%. The fund’s

Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for Q1 2023

Baltic Horizon Fund

Management Board of Northern Horizon Capital AS has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the three months of 2023. Net result and net rental income The Group recorded a net profit of

Swedbank: Price pressures are easing

Swedbank

In April, consumer prices increased by 13.5% compared to the same month last year and by 2.0% compared to the previous month. Compared to last month, prices rose quite a lot due to the end of government energy subsidies to