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Friday, 21.02.2020, 12:02
Citadele and Luminor Bank have granted a EUR 34 mln syndicated loan for development of Saga shopping mall, representatives of the banks told LETA.
Keyword tags: Construction, Financial Services, Good for Business, Latvia, Loan, Real Estate, Retail
Hayashi-Grossschmidt Arhitektuur (HGA) has won the competition for the architectural design of the Hipodroomi business quarter in Tallinn, which will include a new activity-based office of Elisa, the telecom operator announced LETA/BNS.
I am out of words about the ruling delivered by the court in the criminal case over the deadly supermarket collapse in Riga's neighborhood of Zolitude in 2013, Regina Locmele-Lunova (Harmony), who heads the Zolitude 21.11. association, which represents the people affected by the store collapse disaster, told LETA after the verdict was read out on Tuesday.
Property developer Favorte is developing a new business quarter in the Tallinn suburb of Mustamae for an investment of 12 mln to 15 mln euros, informed LETA/BNS.
In January 2020, the supply of apartments in Riga jumped 33 percent against the previous month, with appartment supply in Riga's largest residential neighborhoods growing 31 percent, Arco Real Estate said in its latest housing market review referred LETA/BNS.
The annual revenue of listed Estonian construction group Merko Ehitus in 2019 dropped by one-fifth year on year to 327 mln euros and net profit attributable to equity holders of the parent declined to 16.3 mln euros from 19.3 mln euros in 2018, the group informed LETA/BNS.
AS Merko Ehitus Eesti, part of the listed Estonian construction group Merko Ehitus, and GVP Invest Estonia OU on Wednesday entered into a 8.9 million euro contract for the construction of a hotel building located at 49 Tartu Road in Tallinn. The contract includes construction of a six-storey hotel building, which will operate as the first Hampton by Hilton hotel in the Baltic states, Merko told the stock exchange.