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Sunday, 26.04.2015, 02:18
The total volume of loans and leases to Estonian companies and households was 3% larger in March 2015 than a year earlier; the loan and lease portfolio increased by 43 million euros during the month to 15.3 billion euros, Estonia's central bank Eesti Pank said in its fresh financial sector statistics, cites LETA.
Keyword tags: Estonia, Financial Services, Loan, Markets and Companies, Real Estate
Finnish investors-owned Asuntosalkku Eesti OY plans to buy thousands of rental apartments in Tallinn; it has already acquired the first 50 apartments in the Old Town neighbourhood, Postimees Online cites the Finnish Kauppalehti.
On Thursday, 23 April 2015, the Board of Directors of the Nordic Investment Bank (NIB) confirmed that the bank will issue a loan of EUR 100 million to Lithuania to finance its Public Sector Energy Efficiency and Housing Renovation programmes. According to the Ministry of Finance, the deal will be inked in the nearest future, reports LETA/ELTA.
Data of the CSB Population and Housing Census 2011 show that the average age of inhabited dwellings in Latvia is 48 years: in cities – 46 years, and in rural areas – 51 years.
The serial apartment prices increased per 0.5% since January this year, while they rose per 1.9% since last March, indicates the ARCO REAL ESTATE newest market overview. The Member of the Board of the enterprise Māris Laukalējs explains that the serial apartment price increase is a positive real estate market feature that testifies development, as well as it is a direct purchasing power and bank lending improvement result.
The European Union has awarded a European Heritage Label to the modernist interwar architecture of Kaunas. The decision was announced in the Official Journal of the European Union, reported BC the Kaunas City Municipality.
According to Statistics Estonia, the percentage change of the construction price index in the 1st quarter of 2015 was 0.6% compared to the 4th quarter of 2014 and 0.1% compared to the 1st quarter of 2014.
The new Estonian government coalition agreement prescribes building a large conference centre in Tallinn, and the first choice is to renovate the neglected Tallinna Linnahall (Tallinn City Hall) for this purpose, LETA/Public Broadcasting reports.
Estonian real estate developer AS Pro Kapital Grupp Council announced that according to audited annual report for the financial year 2014, the company’s audited net profit amounted to 21.235 million euro, in the year 2013 the company's net loss amounted to 2.578 million euros, writes LETA.
Based on preliminarily data of the Centre of Registers, 7,900 real estate transactions were recorded in Lithuania in March 2015, by 15.8% more compared to February, but by 23.7% fewer than in March 2014.
The prosecutor's office in Latvia has brought charges against eight persons in a criminal case on the collapse of the Maxima supermarket in Zolitude, reports LETA, according to a statement posted on the prosecutor office's website.
The municipal waterworks company Rigas udens (Riga water) will cancel the April 30 auction of the historic Agenskalns water tower, and set up a task force to develop a concept on how the water tower could be utilized in order to make it available for the public.
The Estonian government approved on Thursday of handing over real estate units near the Tallinn Seaplane Harbour from justice ministry to interior ministry in order to erect the European Union IT agency's permanent headquarters building there, interior ministry press department announced LETA.
Following the major blaze at the Riga Circus complex in downtown Riga, and the shock and time period needed to come to grips with it, Riga Circus management now estimates it will be at full throttle again by early July 2015, reports LETA.
Riga Construction Board authorizes repairs to correct defects in new building at Riga-Stradins Hospital
The Riga Municipal Construction Board gave permission on April 16th for the start of repair work to correct defects in the new A Wing's Section 6 at Riga-Stradins Hospital and its energy hub, informs LETA.