Real Estate

International Internet Magazine. Baltic States news & analytics Sunday, 26.04.2015, 02:18

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Eesti Pank: volume of housing loans continues to grow steadily in Q1

Eesti Pank: volume of housing loans continues to grow steadily in Q1

24.04.2015

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 are planning to buy thousands of apartments in Tallinn

Finnish investors are planning to buy thousands of apartments in Tallinn

23.04.2015

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.

NIB to provide long-term loan to Lithuania for renovation of buildings

NIB to provide long-term loan to Lithuania for renovation of buildings

23.04.2015

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.


The oldest inhabited dwellings in Latvia – in Sabile and Cesvaine parish

The oldest inhabited dwellings in Latvia – in Sabile and Cesvaine parish

21.04.2015

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.

Arco: The serial apartment prices in Riga increased by 1.9% in March y-o-y

Arco: The serial apartment prices in Riga increased by 1.9% in March y-o-y

21.04.2015

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.

21.04.2015

Kaunas gets European Heritage Label

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.

20.04.2015

The construction price index continued to rise in Estonia in Q1

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.

20.04.2015

New Estonian coalition mulls renovating Linnahall into major conference centre

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.

20.04.2015

Estonian Pro Kapital earns 21 mln euros in 2014

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.

20.04.2015

In March, 15.8% more real estate transactions made in Lithuania

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.

20.04.2015

Prosecutor's office in Latvia brings charges against 8 persons in Zolitude tragedy case

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.

17.04.2015

Auction of historic Agenskalns water tower in Riga cancelled after public pressure

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.

17.04.2015

EU IT agency building to be erected in Tallinn Seaplane Harbour

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.

17.04.2015

Riga Circus hopes to revive fire-damaged premises by early July

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.

17.04.2015

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.

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