International Internet Magazine. Baltic States news & analytics
Wednesday, 14.10.2015, 02:02
The total volume of investments in commercial real estate in the Baltics exceeded EUR 574 million in 1HY 2015, compared to EUR 422 million in 1HY 2014. By the end of the year, record-breaking investment volume is expected, reports BC Nadezda Jezova, marketing coordinator from Colliers.
Keyword tags: EU – Baltic States, Forum, Good for Business, Investments, Latvia, Real Estate
The prosecutor's office in Latvia has recognized 263 persons as victims in the Zolitude tragedy case, informs LETA.
In the first nine months of 2015 real estate developers sold 2,650 new apartments in Vilnius, 8% more compared with the same period last year. Supply in a year increased by 26%, to 4,200 apartments, informs LETA/ELTA.
On 9 October 2015, SIA Merks, part of AS Merko Ehitus group, has entered into a contract with SIA LMH, to perform the construction works of kindergarten and school buildings complex, located near Riga in Pinki, Merko informed the Tallinn Stock Exchange.
Estonian construction company Kodumaja AS was declared the Company of the Year at the Estonian Best Enterprises 2015 award ceremony on October 8th, LETA/Public Broadcasting reports.
The Riga City Council plans to establish a special coordination center that will deal with refugees, this according to Riga Mayor Nils Usakovs (Unity) in an interview with the Latvian Television show "Rita panorama", cites LETA.
As air temperatures have dipped considerably during the night this week, central heating utilities in Riga – in 3,690 buildings, have launched the season. This is 43.8% of all edifices in the capital, writes LETA.
The WU Executive Academy, the business school of the Vienna University of Economics and Business (WU), Europe's largest business university, brings more than 100 years of experience and an excellent reputation to the field of executive education. Thus, it belongs to the leading business universities worldwide.
Out of 100 persons in the EU in 2014, about 40 were living in densely-populated areas (or cities), 28 in thinly-populated (or rural) areas and 32 in intermediate areas (or towns and suburbs). There are significant discrepancies between the EU-28 states, some of them having a mainly urban population while in others the population is mainly rural.
In 2014, 47.6% of Lithuania's population lived in rural areas, while 42.9% – in densely populated areas (cities). 9.6% of residents lived in intermediate area, Eurostat, the statistical office of the European Union (EU), said. Out of 100 persons in the EU in 2014, 40 were living in densely-populated areas (or cities), 28 in thinly-populated (or rural) areas and 32 in intermediate areas (or towns and suburbs), writes LETA/ELTA.
Citing "vision and ambition in challenging traditions and presumptions in architectural Riga, in creating an object whose importance is 'national'", the 2015 Architecture Award winners are the architects, designers, contracting authorities and the construction companies for the much-debated Latvian National Library in Riga-Pardaugava, informs LETA.
On October 5th, the Government of Lithuania reached a preliminary agreement to transfer the protection of the Seimas Hotel building to the VIP Protection Department (VAD) instead of another institution under the Interior Ministry, informs LETA/ELTA.
INVL Baltic Real Estate, a company which invests in real estate, will acquire 6,500 square metres of commercial premises at the Vilnius Gates complex in the Lithuanian capital, informs LETA.
Statistics Lithuania informs that in August 2015, compared to July, construction input prices increased by 0.5%. The change was mainly influenced by a 1.4% increase in wages and salaries.
On 22 September 2015, Lithuanian Minister of Environment Kestutis Treciokas opened a new exclusive sight – the tallest observation tower in a protected area. It is situated in the Labanoras Regional Park, close to Mindunai village. The height of the observation tower is 36 metres, the Environment Ministry reported BC.