Real Estate

International Internet Magazine. Baltic States news & analytics Saturday, 29.11.2014, 09:19

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Construction volumes in Estonia decreased by 8% in Q3

Construction volumes in Estonia decreased by 8% in Q3

28.11.2014

According to Statistics Estonia, in the 3rd quarter of 2014 compared to the same quarter of the previous year, the total production of Estonian construction enterprises in Estonia and foreign countries decreased by 8%. The construction volumes have decreased for four quarters in a row.

Keyword tags: Analytics, Construction, Estonia, Real Estate



Construction costs in October decreased by 0.1% in Latvia

Construction costs in October decreased by 0.1% in Latvia

27.11.2014

Latest data of the Central Statistical Bureau (CSB) show that compared to September, construction costs in Latvia in October 2014 decreased by 0.1%.

Zolitude tragedy and Citadele sale parliamentary investigative commissions' makeup confirmed

Zolitude tragedy and Citadele sale parliamentary investigative commissions' makeup confirmed

27.11.2014

Saeima confirmed the makeup of investigative commissions on the Zolitude tragedy and Citadele bank sale process today, reports LETA.


First newly built fire station in Latvia to be unveiled in Cesis

First newly built fire station in Latvia to be unveiled in Cesis

25.11.2014

The first newly built fire station in Latvia since the restoration of independence will be unveiled in Cesis next week, LETA was informed by the State Fire and Rescue Service.

Culture minister successful in providing funding for KGB "Corner House" in Riga

Culture minister successful in providing funding for KGB "Corner House" in Riga

24.11.2014

Dace Melbarde, Latvia's minister of culture, "fought and won" funding so that the popular tourist attraction – the notorious Latvian SSR KGB headquarters in midtown Riga, can remain open in 2015, reports LETA.

21.11.2014

One year passes since Maxima supermarket collapse in Zolitude

Today, one year passes since the roof of a Maxima supermarket collapsed in the Zolitude neighborhood of Riga, killing a total of 54 people, including several rescuers, reports LETA.

21.11.2014

Riga Construction Board inspects about 4,000 buildings in January-September

Representatives of the Riga Construction Board have inspected about 300 public buildings in Riga since the Zolitude tragedy. A total of 3,886 buildings were inspected in the first nine months of the year 2014, the Riga Construction Board informed LETA.

19.11.2014

Lithuanians pay more land tax in 2014

According to the State Tax Inspectorate, this year both residents and enterprises paid land tax more dutifully before the deadline on 17 November, 2014. Municipal budgets received over LTL 63 million (EUR 18 million) in land tax, reports LETA/ELTA.

14.11.2014

In 9 months, construction production volume in Latvia rises by 9.7%

The data compiled by the Central Statistical Bureau of Latvia show that, in the nine months of 2014, construction volume at current prices accounted for EUR 1254.4 million, of which in the 3rd quarter – EUR 574.0 million.

14.11.2014

Consolidated equity of Lithuania's INVL Baltic Real Estate amounts to EUR 14.4 mln

Unaudited consolidated net profit as well as consolidated net profit attributable to shareholders of INVL Baltic Real Estate amounted to LTL 476,000 (EUR 138,000), the company said in a statement, cites LETA/ELTA.

14.11.2014

Objects with Nazi or Soviet symbols will not be listed as Lithuania's heritage

Minister of Culture Sarunas Birutis signed a law amending the evaluation of immovable cultural heritage. From now on objects marked with Soviet or Nazi symbols will not be listed as Lithuania's heritage, informs LETA/ELTA.

14.11.2014

Lithuania seeks to extend support for renovation for another year

The Ministry of Environment in Lithuania took into account the prime minister's encouragement and prepared a proposal to extend for another year the programme which covers 40% of the renovation cost, informs LETA/ELTA.

14.11.2014

Estonian Omniva sells post office buildings

Estonian state-owned postal company Omniva, formerly known as Eesti Post, has put on sale the majority of its post offices buildings, LETA/Virumaa Teataja reports.

12.11.2014

Number of residents who make savings increases in Baltics in 2014

Estonians are the most frugal people in the Baltic States: 83% of residents in Estonia have made personal savings, 66% – in Lithuania, 53% – in Latvia, according to a study conducted by Swedbank.

12.11.2014

Estonian EcoMin promotes state-supported rental apartments programme

Estonian Economy and Infrastructure Minister Urve Palo, who has been recently promoting a state subsidised rental apartments programme, said that the money spent on building such rental apartments will come back as additional tax revenues and will keep quite a few families from leaving Estonia to live in Finland, LETA/Public Broadcasting reports.

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