International Internet Magazine. Baltic States news & analytics
Wednesday, 30.10.2024, 12:46
LTG Infra gets green light to build Rail Baltica section from Kaunas to Latvian border
23.12.2020LTG Infra, the infrastructure subsidiary of Lietuvos Gelezinkeliai (Lithuanian Railways, LTG), has took over the ownership of land necessary for the construction of the European-gauge railway Rail Baltica's stretch from Kaunas to the border with Latvia, informs LETA/BNS.
Keyword tags: EU – Baltic States, Good for Business, Latvia, Lithuania, Railways, Real Estate, Transport
Lithuania's residential property prices edge up 0.4%
18.12.2020Residential property prices in Lithuania edged up by 0.4% in the third quarter of 2020 compared to the second quarter, Statistics Lithuania said on Friday.
In Q3, Dwelling Price Index increased by 2.3% in Estonia
18.12.2020According to Statistics Estonia, in the third quarter of 2020, the Dwelling Price Index increased by 2.3% compared to the second quarter and by 3.9% compared to the third quarter of 2019.
Estonian parlt passes law regulating rent relations
17.12.2020The Estonian parliament on Wednesday passed a law regulating rent relations. The bill to amend the Law of Obligations Act initiated by the government was passed in the 101-seat chamber by a vote of 73 to eight, reports LETA/BNS.
Latvian Investment and Development Agency has approved crisis support for 36 hotels
15.12.2020o far, EUR 552,166 worth of crisis support has been approved for 36 hotels in Latvia, LETA was told at the Latvian Investment and Development Agency (LIAA).
Housing affordability improves in Riga and Tallinn in Q3
In the third quarter of this year, housing affordability improved in Riga and Tallinn but reduced somewhat in Vinius, Swedbank representatives informed citing the latest Swedbank Baltic Housing Affordability Index (HAI).
Merko to build Prisma store EUR 4.4 mln
AS Merko Ehitus Eesti, part of the listed Estonian construction group Merko Ehitus, and Tiskre Arendus OU have entered into a contract to perform construction works of a commercial and service building at 61 Liiva Road in Tiskre near Tallinn, the cost of the contract is approximately 4.4 million euros without VAT, informs LETA/BNS.
Permit of use granted to development of Arco Vara in Bulgaria
After several bureaucratic obstacles, the Iztok Parkside building of listed Estonian real estate developer Arco Vara in Bulgaria was granted a permit of use, informs LETA/BNS.
Hammerhead developing EUR 120 mln logistics park near Tallinn
Real estate developer Hammerhead OU last week acquired land plots near Tallinn Ring Road and the intersection of Kurna and Tuhala roads in the territory of the rural municipality of Kiili near Tallinn for the development of a new logistics park, informs LETA/BNS.
Capital Mill celebrates topping out of 26-story Skyon building in Tallinn
Skyon Building, a 25-million-euro, 26-story brand new structure in Tallinn developed by Capital Mill, has achieved its full height, informs LETA/BNS.
Corum Asset Management buys Kamarin's House in Riga from Baltic RE Group
Eurion Fund, managed by France's Corum Asset Management, has acquired from Baltic RE Group the historical Kamarin's House, a building situated in Riga's Townhall Square, representatives of Baltic RE Group informed.
Latvia's construction productivity at 40% of EU average
In Latvia, construction productivity is approximately at 40 percent of the European Union's average rate, Luminor Bank's economist Peteris Strautins said at an online conference hosted by the Partnership of Latvian Building Contractors, cites LETA.
Estonia: Avg price of Tallinn apartments up 2.6% on year in November
The average price per square meter of Tallinn apartments grew 2.6% on year to 2,121.81 euros in November,writes LETA/BNS.
Estonia's Summus Capital, Ivar Vendelin buy Riga Plaza
Estonian company Summus Capital and investor Ivar Vendelin have become the new owners of the Riga Plaza shopping and entertainment center, representatives of the transaction's consultant Zenith Family Office informed LETA.
Mayor of Riga presents an Ambitious Agenda and Plans for the City
The Mayor of Riga Mārtiņš Staķis who was elected earlier this year during Extraordinary Elections of the Council of Riga on the platform to change the corporate governance culture in Riga and reshape Riga into orderly, open, green and people-friendly metropolis of Northern Europe, last week spoke to the Norwegian investor community in Latvia and presented his personal priorities and the plans of the newly-established “Riga Change Coalition”.
«The Baltic Course» Is Sold and Stays in Business!
