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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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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...

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Piketty zeroes in on Putin's pain point

After alerting the Western world to the alarming rise of inequality, Thomas Piketty, a French professor (directeur d'etudes) at the Ecole de...

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Mission Siberia 2017: Cherishing memories of Lithuanians who perished in exile

What initially was a handful of patriotic zealots ready to do anything for the sake of the homeland, it has grown over the years into a well-sti...

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Cesana Grupp starts construction of 6,000 square meter garden center in Tartu

Cesana Grupp AS on Monday began the construction of a 6,000 square meter home and garden mall in the Roheline Park agriculture and gardening par...

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German troops to stay in Lithuania until security situation changes

German troops leading NATO's multinational battalion in Lithuania will be present in the country until the security situation improves, Germ...

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Estonia: Lemeks to build EUR 30 mln plywood plant in Jogeva County

The Estonian forest and wood processing company AS Lemeks is to build a birch veneer and plywood factory for 30 million euros in Viruvere, Jogev...

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New Zealand's Fonterra plans to buy stake in dairy Rokiskio Suris

New Zealand's dairy giant Fonterra plans to buy a 10 per cent stake in Rokiskio Suris, a leading Lithuanian dairy group, for over 7 million ...

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