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Saturday, 04.04.2026, 07:08
Estonia: Mainor to develop EUR 17 mln education complex at Ulemiste City
Mainor Ulemiste, developer of Ulemiste City in Tallinn, is set to build two school buildings and a kindergarten in the heart of Ulemiste City for an estimated 17 mln euros, the news portal of public broadcaster ERR reported.
RIA.com Marketplaces: Office rental prices in Estonia's capital city not declining
Office spaces will remain a priority for businesses despite the current trend of working from home, which means that no drop in rental prices in Tallinn is expected, according to Artem Umanets, member of the management board of RIA.com Marketplaces OU, an Estonian technology company operating classifieds and real estate marketplace portals in Ukraine writes LETA/BNS.
Lithuania's Kaunas signs stadium, "Science Island" contract with Autokausta
The authorities of Lithuania's second-largest city of Kaunas have signed a contract with Autokausta on the reconstruction of the Darius and Girenas Stadium and the construction of Lithuania's science museum, known as "Science Island", on the Nemunas Island, informed LETA/BNS.
In Q2, construction output in Latvia fell by 0.6%
The latest data compiled by the Central Statistical Bureau of Latvia (CSB) show that, compared to the 2nd quarter of 2019, in the 2nd quarter of 2020 construction output (1) reduced by 0.6 % (according to calendar adjusted data at constant prices). Construction output in construction of buildings decreased by 5 %, in civil engineering – by 7.7 %, but in specialised construction activities it rose by 12.3 %.
City24 observes oversupply in Tallinn rental market
The number of apartments in the Tallinn rental market this summer is higher than ever before, granting tenants a clear advantage, according to Karin Noppel-Kokerov, manager of real estate portal City24.ee, cites LETA/BNS.
1Partner: Expectations of price drop in Estonian real estate market diminishing
Expectations of a price drop in the Estonian real estate market have largely diminished and property valuers are currently not adjusting their figures downwards, Martin Vahter, manager of real estate brokerage 1Partner Kinnisvara, said LETA/BNS.
High loan interest rates in Latvia are due to banks wanting to earn higher profits
Latvia has the highest loan interest rates in the euro area, and that is because banks want to earn higher profits, Saeima Financial Sector Supervision Subcommittee Chairman Gatis Eglitis (New Conservative Party) said at the subcommittee's meeting today, informs LETA.
VNI to sell Corner House at auction
Valsts Nekustamie Ipasumi (State Real Estate, VNI) will put up Corner House, also known as Teteris House, for auction, on condition that the buyer keeps the Occupation Museum's section in the building, VNI Rent and Sales Director Anita Feldmane told LETA.
Arco Real Estate:Apartment prices in Soviet-era standard design houses off 1.2% in July
In July this year, apartment prices in Soviet-era standard design houses in Riga dropped 0.7% from June and declined 1.2% from the beginning of the year, Arco Real Estate said in its latest report on the market of standard-design apartments referred LETA.
The biggest convention center in Baltics accepted into operation in Riga
Convention center Atta Centre, built at the former site of Elkor furniture center in Riga, was accepted into operation earlier this week; the center's total area is 22,700 square meters and it's the biggest in Baltics, as the conference center's representatives told LETA.
Lithuanian banks' mortgage deferrals reach EUR 280 mln
Lithuanian banks have deferred payments on mortgages worth over 280 million euros since the middle of March when the country's was put under quarantine, the Association of Lithuanian Banks told BNS, cites LETA.
Tallinn's Patarei sea fortress now open to visitors
The developer of the Patarei sea fortress, businessman Urmas Soorumaa, has opened the historical complex to visitors from Tuesday, July 28th, reports LETA/BNS.
In June, the level of construction costs in Latvia increased by 0.1%
Data of the Central Statistical Bureau (CSB) show that, compared to May, in June 2020, the level of construction costs in Latvia increased by 0.1 %. Labour remuneration of workers rose by 0.5 %, maintenance and operational costs of machinery and equipment – by 0.1 %, but prices of building materials – reduced by 0.1 %.
Latvian PM: property tax rates have to be revised before new cadastral values come into force
Property tax rates will have to be revised before the new cadastral values come into force, believes Latvian Prime Minister Krisjanis Karins (New Unity), cites LETA.
Norway's Citybox to open its 1st hotel in Estonia
A hotel of Citybox, the first hotel of the Norwegian operator of the same name in Estonia, will open in the Porto Franco quarter in Tallinn's passenger port area on Aug. 1, 2020, reports LETA/BNS.
«The Baltic Course» Is Sold and Stays in Business!
