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Latvia‘s new car registration lower

In the first eight months of this year, Latvia recorded a slower rise in new car registration than average in Europe, according to the latest da...

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OECD: Estonia must invest in productivity, green energy

The Estonian economic outlook is improving, with growth gaining momentum, wages increasing and a resilient export performance. It is now time to...

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EuroChem planning ammonia terminal at Estonia's Sillamae

The Russian manufacturer of fertilizers EuroChem Group AG is planning to set up an ammonia terminal at Sillamae, Estonia for 15 million Euros to...

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EC approves merger between Nordea, DNB banks

The European Commission has approved the merger between Nordea and DNB banks in the Baltic States, the representatives of the two banks announce...

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Pro Kapital concludes contract for sale of Tallinn and Riga hotels

AS Pro Kapital Grupp, an Estonian-based holding company has concluded in late July the contracts for the sale of group hotels PK Ilmarine and PK...

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Lords LB Baltic Fund IV has acquired shopping centre GO9

On August 22, 2017, Lords LB Baltic Fund IV, real estate investment fund managed by the investment management company Lords LB Asset Management,...

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INVL Baltic RE signs agreement on sale of Kirtimu Street property

The real estate investment company INVL Baltic Real Estate has signed an agreement on the sale of 3,000 square metres of office and warehouse pr...

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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 milli...

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Riga lags behind Vilnius and Tallinn in RE development

Although Tallinn and Vilnius outpace Riga in terms of construction activity, with the new developments in the Latvian capital being mostly focus...

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Baltics: 368 million Euros pumped into commercial property acquisitions

In the first half of 2017, investor activity in commercial real estate in the Baltic countries was not uncommon, but the recorded scope of inves...

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