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A service for Realtors · Sunday, December 8, 2019 · 504,334,411 Articles · 3+ Million Readers
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Estonia Tallinn Real Estate News Monitoring

  • Published on Dec 2, 2019

    Avg price of Tallinn apartments grows to EUR 2,057 per square meter in November

    The average price per square meter of Tallinn apartments grew to 2,057.32 euros in November, informed LETA/BNS. The median price per square meter of apartments in the capital city was 1,957.75 euros last month. Altogether 757 transactions worth 90.1 …

    Source: The Baltic Course
  • Published on Nov 22, 2019

    SEB: No reason to fear bubble burst in Estonian real estate market

    While the number of construction projects in the real estate market is notably large, no bubble burst such as the one that occurred in 2007 is to be expected, SEB economic analyst Mihkel Nestor said LETA/BNS. One does not need to be an analyst or real …

    Source: The Baltic Course
  • Published on Nov 20, 2019

    Real estate market still active in Baltics - CBRE

    CBRE Head of Research in Continental Europe and Head of Thought Leadership and Data Strategy in Europe, the Middle East and Africa, Jos Tromp points out that global economic growth pace is slowing down, while risks are increasing. In addition to slow …

    Source: The Baltic Course
  • Published on Nov 21, 2019

    Estonian businessman Urmas Soorumaa to buy Tallinn's Patarei complex

    A company of Estonian businessman Urmas Soorumaa was the only one to file a bid in the auction of the complex of the Patarei sea fortress in Tallinn, accroding to the daily Postimees information reported on Wednesday. State real estate management company  …

    Source: The Baltic Course
  • Published on Nov 22, 2019

    Estonia: Port co Tallinna Sadam to terminate activities in Tallinn's Paljassaare harbor

    The listed Estonian port company Tallinna Sadam is to terminate its activities in North Tallinn's Paljassaare harbor and auction off its properties therein, according public broadcaster ERR information reports LETA/BNS. Margus Vihman, the company…

    Source: The Baltic Course
  • Published on Nov 15, 2019

    Study: Continuation of Tallinn's segregation would have ravaging effect on economy

    It appears from a Europe-wide study that Tallinn is the fastest segregating capital in Europe and the continuation of segregation at the same pace would lead to the splitting of the population of Tallinn and have a devastating effect on the economy already …

    Source: The Baltic Course
  • Published on Nov 7, 2019

    City of Tallinn to initiate detailed spatial plan of Old City Harbor area

    "This is one part of the detailed planning of the entire Old City Harbor area, the final objective of which is to turn the entire passenger port area in to a modern, diverse and high-quality public urban space," Deputy Mayor Andrei Novikov said. …

    Source: The Baltic Course
  • Published on Oct 4, 2019

    Estonia: Arco Vara to begin construction of 2 residential development projects

    "We go along with market demand. Pre-bookings in Estonia are sufficient for commencing simultaneously two developments in Tallinn and in Tartu," CEO of Arco Vara Tarmo Sild told the stock exchange. "Those developments are also the foundation …

    Source: The Baltic Course
  • Published on Nov 22, 2019

    Fund of France's Corum buying Depo store in Kaunas

    A fund of France's Corum Asset Management is buying a store in Kaunas from the owner of Latvia's DIY and household goods chain Depo, Colliers International, a real estate services firm that brokered the deal, said. "The Depo chain decided to …

    Source: The Baltic Course
  • Published on Nov 22, 2019

    Estonia: East Capital acquires logistic park near Riga airport for EUR 19 mln

    East Capital's third real estate fund has acquired a logistic park near Riga International Airport from specialist developer Piche for 19 mln euros, reported LETA. East Capital Baltic Property Fund III has purchased the 23,240 square-metre Lidostas …

    Source: The Baltic Course
  • Published on Sep 13, 2019

    Amsterdam and Tallinn-based proptech startup Consorto raises 500k seed round - EU-Startups

    Amsterdam and Tallinn-based startup Consorto is a pan-European commercial proptech B2B online marketplace connecting professional investors to commercial real estate investment opportunities. The startup has just raised seed funding round of €500k. …

    Source: Amsterdam News
  • Published on Aug 21, 2019

    Estonia: Mitt & Perlebach to build business center in Tallinn's Tselluloos quarter

    The Estonian construction company Mitt & Perlebach has signed with Fausto Capital a contract as main contractor to complete the Fahle Park business park in 2020; the project represents an investment of close to 18.5 mln euros excluding VAT, reported …

    Source: The Baltic Course
  • Published on May 14, 2019

    Estonian state property management co to sell EUR 20 mln worth of real estate in 2019

    The Estonian state real estate management company RKAS is planning to sell some 20 mln euros' worth of properties this year, more than in any other year to date, informed LETA/BNS. "The sales target for 2019 is the biggest in history," …

    Source: The Baltic Course
  • Published on Aug 8, 2019

    Estonian realtor: Avg price of Tallinn apartments to remain around EUR 2,000 per sq m

    "Slight price growth will continue but definitely not as quickly as so far. Exponential increases and declines occurred last year, but since the start of this year, all indicators have been unusually stable," Vahter said. The average price per …

    Source: The Baltic Course
  • Published on Nov 13, 2019

    Books of the year

    Bernardine Evaristo A Portable Paradise (Peepal Tree Press) is the fourth poetry collection by Trinidadian-British poet Roger Robinson. It’s also his finest, ranging from the most breath-taking poems about the Grenfell Tower fire to the most exquisitely …

    Source: New Statesman
  • Published on Apr 23, 2019

    Number of real estate transactions in Estonia on last year's level in Q1

    A total of 11,063 real estate purchase and sale transactions were concluded in Estonia in the first quarter of 2019, which is 0.2 percent more than during the same three-month period a year ago but 11.4% less than in the final quarter of 2018, the Land …

    Source: The Baltic Course
  • Published on Jul 22, 2019

    Survey: Tallinn property prices most likely to rise in Kopli

    Where 74% of respondents said they believe that the prices of residential real estate in Tallinn will generally move higher this year, 62 percent said that prices most probably will rise in Kopli.  In places two and three were the apartment block districts …

    Source: The Baltic Course
  • Published on Nov 8, 2019

    Chief economist of SEB on economic climate: autumn mood with hopes of a spring recovery

    According to SEB Bank’s chief economist Daniel Bergvall, one of the main presenters of the Nordic Real Estate Forum taking place in Tallinn at the end of November, this autumn the picture of a globally synchronised deceleration in economic growth has been …

    Source: The Baltic Course
  • Published on Jul 10, 2019

    Estonia: Parent of Olerex buys Oiltanking Tallinn terminal in Muuga Harbor

    Aqua Marina, the parent of Estonian fuel seller AS Olerex, and Oiltanking GmbH, a German operator of tank terminals for oils, chemicals and gases have entered into an agreement for the acquisition of the Oiltanking Tallinn terminal in the port of Muuga, …

    Source: The Baltic Course

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