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EC approves merger between Nordea, DNB banks

  • 2017-09-27
  • LETA/TBT Staff

The European Commission has approved the merger between Nordea and DNB banks in the Baltic States, the representatives of the two banks announced. They said that DNB and Nordea had received unconditional clearance from the European Commission to combine thei...

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INVL Baltic RE has first-half net profit of 1.5 m Euros

The real estate investment company INVL Baltic Real Estate’s consolidated net profit for the first half of this year was of EURO 1.5 million and was more than 2.5 times greater than in January-June 2016. The company’s consolidated equity value per share increased 20 per cent from a ye...

Tallinn’s RE buyer market sees oversupply despite buoyant demand

The Estonian real estate market has been robust and viable despite an increase in prices. The reasons behind higher RE prices for apartments are low interest rates, rise in salaries, hence Estonians with more free money tend to buy apartments as an investment. Interestingly, 40% of the deals took...

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