International Internet Magazine. Baltic States news & analytics
Thursday, 02.07.2015, 08:20
The construction of the Moscow House in Vilnius has intensified and should be completed by the end of 2015, reports LETA/ELTA, referring to Lietuvos zinios.
Keyword tags: Baltic States – CIS, Construction, Lithuania, Real Estate
Data of Central Statistical Bureau (CSB) show that, compared to April, level of construction costs in Latvia in May 2015 remained the same.
Statistics Lithuania informs that construction input prices in May 2015, against April, increased by 1%. The change was mainly influenced by a 3.3% increase in wages and salaries, informs LETA/ELTA.
Trauma and Emergency Care Centre of Kaunas Clinics, the Hospital of Lithuanian University of Health Sciences, was officially opened on June 29th 2015, reports LETA/ELTA.
LETA reporters have noticed a construction job just under way at Lacplesa Street 71 in Riga, and upon inquiry were told that the Latter Day Saints (commonly known as 'Mormons') are building a church.
According to Statistics Estonia, in the Q1 of 2015, the Dwelling Price Index changed by 2.9% compared to the Q4 of 2014 and by 8% compared to the Q1 of 2014.
Contrary to the prices of serial apartments in residential areas that have been increasing for three months in a row, the average price per a square metre for apartments located in Rīga centre decreased per 1.7 % in April 2015, falling till the position of 1 971 EUR/m², informs the Member of the Board of the enterprise Māris Laukalējs.
The Mayor of Riga announced today that the plans to auction off the city-owned 103 hectares on Lucavsala Island have been called off, commenting that the idea "was not one of the best." As a result, the July 8 city council decision will be overturned, reported LETA.
Latvia's only refugee center ''Mucenieki'', which is located in Ropazi Region, can currently take in an additional 50 migrants, reports LETA.
Construction of the new blocks at Riga Pauls Stradins Clinical University Hospital will be resumed soon, this according to Health Minister Guntis Belevics (Greens/Farmers) during an interview with the Latvian Television show "Rita panorama", cites LETA.
A survey commissioned by Swedbank has revealed that 62% of housing in Lithuania either minor or major repairs. However, only 1 in 2 people intend to repair their homes in the next several years, informs LETA/ELTA.
Consolidated turnover of state property management company Valsts nekustamie ipasumi in Latvia (the State Real Estate) and its subsidiaries in 2014 reached EUR 51.7 million, which is 8% more than in 2013. The company has been successfully increasing its turnover for the third consecutive year, Valsts nekustamie ipasumi says, reports LETA.
New Hanza City plans to invest about EUR 160 million in development in territories connecting Hanzas, Skanstes, Pulkveza Brieza, and Sporta streets in the coming five years, this according to ABLV Group representative, CEO of Pillar Ieva Valtere, cites LETA.
The Government of Lithuania has decided to recognise the reconstruction of Vilnius Palace of Concert and Sports as a project of national economic importance. The goal is to establish a new centre for congresses, conferences and cultural events; to promote business and conference tourism seeking to increase Lithuania's competitiveness and visibility and to create conditions to attract investment, reports LETA/ELTA.
In order to prepare the presidential residence in Jurmala for the newly-elected president Raimonds Vejonis' needs, the residence will require refurbishment, the LNT show "TOP 10 News" reported on June 7th 2015, cites LETA.