Real Estate

International Internet Magazine. Baltic States news & analytics Thursday, 21.11.2019, 16:44

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Estonian businessman Urmas Soorumaa to buy Tallinn's Patarei complex

Estonian businessman Urmas Soorumaa to buy Tallinn's Patarei complex

21.11.2019

A company of Estonian businessman Urmas Soorumaa was the only one to file a bid in the auction of the complex of the Patarei sea fortress in Tallinn, accroding to the daily Postimees information reported on Wednesday.

Keyword tags: Culture, Estonia, Good for Business, Real Estate



Timely Opportunity: Gainful and Stable REIT Funds

Timely Opportunity: Gainful and Stable REIT Funds

20.11.2019

In the opinion of many experts, the lasting growth on financial markets seems to be approaching its closing stage. In such a situation, investors traditionally search for alternative options to receive income.

Real estate market still active in Baltics - CBRE

Real estate market still active in Baltics - CBRE

20.11.2019

The Baltic real estate market is still active thanks to developers' modern projects, expansion of global companies and successful exports, real estate firm CBRE informed LETA.


Estonia's Kaamos Kinnisvara to start 1st development project in Latvia

Estonia's Kaamos Kinnisvara to start 1st development project in Latvia

19.11.2019

Estonian real estate developer Kaamos Kinnisvara at the end of this year is to start its first development project in Latvia by building two apartment buildings with 132 planned apartments on the right bank of Daugava River in Riga, informed LETA.

Latvia: Land Fund has acquired 218 properties for EUR 15 mln in ten months

Latvia: Land Fund has acquired 218 properties for EUR 15 mln in ten months

19.11.2019

The Land Fund of the Development Financial Institution Altum in the first ten months of this year acquired 218 land properties, spending EUR 15 million in total on these purchases, Altum representatives informed LETA.


15.11.2019

Study: Continuation of Tallinn's segregation would have ravaging effect on economy

It appears from a Europe-wide study that Tallinn is the fastest segregating capital in Europe and the continuation of segregation at the same pace would lead to the splitting of the population of Tallinn and have a devastating effect on the economy already in a few decades, reported LETA/BNS.

15.11.2019

Supply of apartments in Riga down 3% in October - Arco Real Estate

In October this year, the supply of apartments in Riga dropped 3% from September, while in Riga's largest residential neighborhoods apartment supply remained fell even more, by 4%, Arco Real Estate said in its latest housing market review, informed LETA.

13.11.2019

Offices of the future will have to offer more than the working premises

The office becomes an important tool to attract employees and is now not just the work premises, but a place for socializing and entertainment. Developers in the Baltic States will also have to take this into account, if they want to continue to successfully operate in this business, warned an experienced representative of the industry, Eastnine CEO Ķestutis Sasnausks, on the real estate forum Baltic Real Estate Leaders (BREL) held in Riga.

13.11.2019

Estonian tax authority expects rise in number of people declaring Airbnb income

In line with the development seen last year, the Estonian Tax and Customs Board expects to see an increase in the numbers of people declaring their income from Airbnb also this year, writes LETA/BNS.

13.11.2019

Lithuania's Akropolis Group to present new Akropolis project this year

Lithuania's Akropolis Group hopes to present to the public the project for the construction of a new Akropolis shopping mall near Vingis Park in Vilnius, in the territory of the former Velga production facility, as early as this year, informed LETA/BNS.

07.11.2019

City of Tallinn to initiate detailed spatial plan of Old City Harbor area

Listed Estonian port company Tallinna Sadam has submitted to the City of Tallinn requests for the initiation of detailed spatial pan for the area of Old City Harbor and the city government on Wednesday decided to submit the bill for the initiation of the detailed spatial plan to the city council, wrirtes LETA/BNS.

31.10.2019

Is your dwelling too dark?

In 2018, 5.1% of people in the European Union (EU) reported not having enough daylight in their dwelling, meaning their dwelling seems too dark and is viewed as a problem for the household.

31.10.2019

Court orders Georgian ex-ambassador to pay rent arrears for flat in Vilnius

A court has ordered Khatuna Salukvadze, Georgia's former ambassador to Lithuania, to pay rent arrears for an apartment in downtown Vilnius, but the diplomat does not recognize the decision and says she will not pay, according the daily Lietuvos Rytas information reported LETA/BNS.

28.10.2019

Hilton to open new hotel in Tallinn

Hilton hotel chain has signed a cooperation agreement to open a three-star hotel Hampton by Hilton in Tallinn, for which a new building will be built to replace the former Eha cinema and the current shopping center at 49 Tartu Road, informed LETA/BNS.

24.10.2019

Vilnius-based hotel PACAI wins prestigious Surface Travel awards

The 17th-century mansion-turned-hotel located in Vilnius Old Town was named the winner in the large international hotels' category of this year's Surface Travel Awards. The hotel was praised for being "a model for integrating historical authenticity with contemporary design.", the hotel PACAI representatives informed BC.

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