Teder andis poole oma Ukraina ettevõttest võla katteks oma teisele ettevõttele
Suure Ukraina arendusettevõtte Arricano asutaja Hillar Teder andis 49 protsenti oma ettevõtte Filgate Credit Enterprises Limited aktsiatest 39,8 miljoni dollarise võla katteks arendajale.
Eften investeeris tänavu ärikinnisvarasse 140 miljonit eurot
Eften Capital investeeris 2016. aastal uutesse ärikinnisvara objektidesse 140 miljonit eurot.
Port waiting for ideas for development competition
The Port of Tallinn has announced an international idea and architectural competition for its Vanasadam (old port) to find a long-term integral solution to tie the 54-hectare area to real estate developments and public space.
22.11.2016, Uwe GnadenteichPM
LHV aiming for wealthier Estonians
Estonian bank LHV is looking to fill the gap left in the home loans market by the recent departure of DNB and Danske by offering loans to Estonians in Tallinn and Tartu.
18.10.2016, Siiri LiivaPM
Secret brokers' database under investigation
Brokers have collected information on real estate transactions including addresses in the password-protected tehingud.ee database for years. The database includes information on sale of apartments, including dates and prices. Valuable information for sure; however, making information as detailed as this publicly available is illegal, whereas the leak can probably be traced back to a state agency.
13.10.2016, Tiina KaukvereE24
Ober-Hausi juht: kolm-neli aastat tagasi Leetu läinud Eesti investorid lõikavad seal kopaga vilju
Kuigi kõigis ärikinnisvara valdkondades on Tallinn ja Eesti võrreldes teiste Balti riikidega täna veel selgelt juhipositsioonil, hindavad valdkonnas tegutsejad pigem neid võimalusi, mida pakuvad Läti ja Leedu. Mõne julgema kinnisvaraettevõtja sõnul on aga Eestis asjad juba lootusetult hapud.
06.10.2016, Siiri LiivaPM
Cornerstone laid for new compound of Tallinn prison
In a ceremony on Tuesday, Estonia laid the cornerstone for the new Tallinn prison that is scheduled to be completed at the end of 2018.
Elderly lady bribed by real estate developer?
Again, former Arts Academy lot in central Tallinn behind the Kaubamaja department store has crossed the news threshold. Turns out, the new land owner has planned buildings even higher and bigger than envisioned by academy five years back.
05.08.2016, Anneli AmmasPM
Richest parish plans «cheap to keep» school
From among the 17 works sent to compete for design solution of Viimsi Parish State Gymnasium building, «CLT» by Novarc Group AS and KAMP Arhitektid OÜ was yesterday declared the winner.
03.08.2016, Gert SinilooPM
Finance minister seeking sponsorship austerity
Could state enterprises keep on handing out sponsorship cash as before? Should the practice be cancelled, or rules applied to it? In questions like these, deep debates are in store at government this fall.
29.07.2016, Anneli Ammas
Spetsialist: uusarendusse kodu ostes tuleb kõik põhjalikult üle küsida
Kui uusarenduste kuulutuste fotod maalivad pildi tulevikust, mida tegelikult olla ei pruugi, kuidas siis pakutavast võimalikult tõetruu pilt saada?
28.07.2016, Anna-Liisa MetsPM
Tallinn to increasingly speak Russian (1)
In 2000–2011, largest numbers of Estonians in Tallinn moved to Pelgulinn, Kalamaja and Pääsküla. Regarding Russians, they were most inclined to go live in Laagna, Mustakivi and Väike-Õismäe city districts. Among the suburbs, Estonians overwhelmingly looked towards Viimsi while Russians resettled in Maardu. Among those who left Tallinn, Estonians spread all over Estonia and Russians firstly chose East-Viru County, industrial towns and Tartu.
11.07.2016, Riin AljasPM
Randpere «took time for own things, too»
Member of the parliament Valdo Randpere says he used four-five days of the 2.5 week Thailand holiday for official meetings. Cost compensations drawn covered half of flight ticket price.
22.06.2016, Anneli AmmasPM
«State should be stricter with handing out budget money»
Praised by the fresh National Audit Office report for management of Police and Border Guard Board (PPA), its director-general Elmar Vaher (40) says that distribution of money from state budget should be preceded by pointedly asking recipients what they have done to cut costs.
28.04.2016, Risto BerendsonPM
State ponders paying people extra for border lots
Interior minister Hanno Pevkur (Reform) said the state is considering paying owners of land at Estonia-Russia border more than prescribed by real estate evaluators assessors. Just to keep peace.
18.03.2016, Merike TederPM
Setos on edge over pennies offered for border land
Kuldar Laanelind, a Seto, is not about to hand his 1,550 square metres of border strip to the state for €90: «I'd have my Dad turn over in his grave for just giving it up like that!»
07.03.2016, Nils NiitraPM
Palts fights for Crimea dream resort
Former Mayor of Tallinn and Riigikogu member, Tõnis Palts (62) is among the few foreign investors to not abandon his business in Crimea after it was assumed by Russia. Furthermore: toughing it out, he is battling in court both with city of Sevastopol and Russian defence ministry to protect his lot worth dozens of millions of dollars.
16.02.2016, Jaanus PiirsaluPM
Andrei Katkov: Sillamäe oil plant has a future
In a rare public interview, owner of Port of Sillamäe and a prominent St Petersburg businessman Andrei Katkov talks about the strengths of the harbour, on why he is investing in Estonia, and why it isn't in Russia's interests to give up transport of goods via Baltic ports.
15.01.2016, Jaanus PiirsaluPM
Fund Ehitus: a quiet yet aggressive builder
Fund Ehitus, publicity shy to the extreme, is owned by seasoned builders hardened by the battles on the market.
10.12.2015, Andres ReimerPM
Banks trusted to prevent office building boom
These past months plans are being announced nearly non-stop about building new big office buildings in central Tallinn. As most of the projects need bank funding, real estate experts think that rather many will remain on paper merely.
05.11.2015, Kadri HansaluPM
City centre edges towards the sea
During five to ten years, Tallinn city centre will be edging from Viru area towards Admiralty Basin, closer to the sea. Around Old City Harbour, construction has begun on lots of lots. Meanwhile, not all developers have disclosed their plans to broader public.
23.10.2015, Jonatan KarjusPM
Editorial: hope and fire in the heart of Tallinn
The war of words triggered around commercial center called Porto Franco planned near port had drawn the entire harbor area into limelight. Long oh how long has been the wait for the wastelands to be filled with buildings and beauty. In that sense, we are hopeful – soon, cranes will be adorning many a lot.
Ain Kaljurand – from country home to custody in city
Yesterday morning, as was his custom during the ten years at Port of Tallinn helm, Ain Kaljurand (50) drove off from his mansion in Pudisoo Villahe, Kuusalu Parish, to be at work early. To be met, as five other employees, by security police officers.
27.08.2015, Anneli AmmasPM
Allan Kiil – a top squirrels confidant
Educated at physical fitness faculty of Tallinn pedagogical Institute, Allan Kiil (52) has kept his seat as deputy head of a mightiest state enterprise in Estonia - a sign of a single party keeping tight reins on Port of Tallinn management. For years.
27.08.2015, Oliver KundPM
Garri Raagmaa: on sweetness of small town life
Citing study, University of Tartu regional planning docent Garri Raagmaa says city folks may be richer but small town life is happier.
20.07.2015, Garri RaagmaaPM
Joint front formed against Swedbank by Romanian loss victims
Estonians who invested money into Romanian real estate fund only to lose it have ganged up to fight Swedbank who sold the fund’s bonds to its private banking clients. Investors will be represented by top lawyer Maria Mägi.
19.06.2015, Katrin LustPM
Architects demand ministry megabuilding contest
The Union of Estonian Architects (UEA) has protested to Tallinn town-planning department head Anu Hallik-Jürgenstein that a public architectural competition must be held regarding a joint four-ministry building planned in Tallinn.
Family fooled by broker
«In my desperation, I hope you will help us find out the truth in this matter,» wrote Kärol Kõu, a mother of three, after a tussle with a real estate company. With her husband Mario, Kärol had spent ages to find a little house on the complex Tallinn real estate market as a home to replace current tiny apartment. At long last, one was located – a house, a bit tired and discoloured, at Vuti Street. Little did the family know what was in store.
20.04.2015, Jonatan KarjusE24
Venelased loobuvad Londoni luksuskorteritest
Venelased loobivad Londoni luksuselamute ostmisest. Alles on jäämas vaid oligarhid.
18.12.2014, Marge TubalkainPM
Editorial: reasonable limits that limit nobody
Who would not remember the loan boom preceding recession? Everybody does – the lenders, the borrowers, and those that abstained. The last group was small. For we also remember that in the competition, loan conditions ended up altogether utopian. Almost, one might say, it was easier to get a loan than to go without.
Eesti Pank battling a boom
«Compared to the period six months back, the real estate market has clearly calmed down,» Estonian central bank vice president Madis Müller told a press conference yesterday. With president of the bank Ardo Hansson, they introduced home loan limitations to enter into force starting next year. The limits are three.
30.10.2014, Tõnis OjaPM
Russian investors have arrived in Estonian property market
Due to economic instability and increased risks in Russia, a part of Russian investors have turned to the Estonian property market where they are mainly looking for real estate that provides cash flow, managing partner at the commercial real estate division of 1Partner Kinnisvara Tanel Tarum said.
EUR 20 mln 13-story office building to rise in Ulemiste City
The Estonian real estate developer Mainor Ulemiste is set to start the construction of a 13-story office building in the smart business center Ulemiste City near the Tallinn airport.
Lutherans looking to build a skyscraper
Estonian Evangelical Lutheran Church (EELK), soon to complete a top exclusive real estate development in Kentmanni St, Tallinn, is reaching ever higher: next in line would be a skyscraper in heart of Tallinn.
03.10.2014, Oliver KundPM
The cordon that Russians never left
A 20 years long Estonian-Russian tussle regarding embassy buildings this year wound up with a 99 years contract pursuant to which Estonia may rent land under its Moscow embassy for a token price while Russia, among other things, is able to use the one-time Soviet border guard cordon in Pirita, Tallinn.
22.09.2014, Oliver KundE24
Starmani suuromanik ostis Rimi Eesti peakontori ja logistikakeskuse
Rootsi varahaldusettevõtte East Capitali halduses olev kinnisvarafond East Capital Baltic Property Fund II ostis Rimi Eesti Food ASi logistikakeskuse ja peakontori Tallinna lähedal Jüris, aadressil Põrguvälja tee 3, Rae vald.
Companies snatching countryfolk lands
Local people are quite a bother – large-scale landowners have no heart to develop the community, merely eager to heap up and harvest the woods.
07.08.2014, Nils NiitraPM
Buyer again boss of real estate market
Increased volume of offers has armed buyers with choosing power – prices too high may now be turned down.
21.07.2014, Kadri InselbergPM
Owners go guerrilla
«I’d call this power brokering,» an angry Arco Vara CEO Tarmo Sild told shareholder No 2 and supervisory board member Arvo Nõges once the shareholders meeting was over. The latter had expressed a desire to talk to Mr Sild. «We have nothing to talk about,» said Mr Sild and left the premises. A small shareholder drew near, asking Mr Nõges if this was extortion.
06.06.2014, Tõnis OjaPM
Gold found with corrupt spies
Dozen-some days after eruption of corruption scandal at external intelligence, Office of the Prosecutor General has managed to arrest some private assets of alleged criminals.
03.06.2014, Risto BerendsonPM
Housing market heating up
Even Eesti Pank is uneasy about the fast price rise of real estate over the past year, thus dedicating an entire chapter in its financial stability report to housing market and the risks it carries.
08.05.2014, Kadri InselbergPM
Building procurements to get tougher
By toughening up building procurement participation requirements, the state hopes for about eight extra millions in its coffers.
22.04.2014, Liina ValdrePM
Real estate scheming: divide and conquer
Dmitri Perepelitsõn and Maksim Sorokin, active on the Tallinn real estate market, purchased a 130 square metre studio apartment in Lasnamäe, last summer. Without any licence whatsoever, they rebuilt it into eight tiny homes.
10.02.2014, Liina ValdrePM
Prices nearing boom time highs
An abundance of apartment houses keeps being built in Tallinn and Harju County; curiously, square metre prices thereof come many times higher than older dwellings in these same areas. The principal reason is energy performance of new buildings. At some locations, prices are nearing boom time levels.
02.12.2013, Liisu ArumäePM
In the 2nd quarter the price increase of apartments continued
According to Statistics Estonia, in the 2nd quarter of 2013, the Dwelling Price Index changed by 3.7 % compared to the 1st quarter of 2013 and by 8.1% compared to the 2nd quarter of the previous year.
Number of real estate transactions drops 7.7 pct m-o-m in August
According to revised data of the Estonian Land Board, 3,436 purchase and sale transactions of real estate were concluded in August, which marks a 7.7 percent drop against July.
Russian MP owns real estate in Tallinn
Member of the Russian Federation Council Sergei Mamedov declared an apartment in the Estonian capital which costs approximately 444,500 euros, the Russian news ageny Interfax reports.
Number of real estate transactions up 24.5 pct on year in Q2
In the second quarter of this year the number of purchase and sale transactions of real estate notarized in Estonia increased 13 percent on year to 10,689 and their total value grew 24.5 percent to 521 million euros, data published by Statistics Estonia show.
Apartments in Estonian capital one fifth more expensive than in July 2012
The average price per square meter of apartments in the capital Tallinn that changed hands in July was 1,297 euros, which marks an increase of 19.3 percent over July 2012, it appears from statistics of the Estonian Land Board.
Eften acquires EUR 30.5 mln worth of real estate
Eften Real Estate Fund has finalized the acquisition of a portfolio of five assets from EPI Baltic I Real Estate Fund managed by BPT Asset Management and Amplion.
Eften buys first property in Riga
Eften Kinnisvarafond (Eften Real Estate Fund) has bought a commercial building in Riga which is its first ever acquisition in the Latvian capital and second in Latvia.
Young Estonians giving up idea of buying a dwelling - survey
Of the young people who were planning to buy real estate still at the beginning of this year almost half have abandoned the idea by now, it appears from a survey commissioned by the Association of Real Estate Companies of Estonia.
The Three Sisters Hotel changes ownership
The Three Sisters Hotel, a luxury hotel situated in Tallinn's Old Town, went into the ownership of the Petramark OU company owned by Estonian businessman Veiko Kulla at the beginning of this month, Aripaev reported on Friday.
Boom prices in Pirita – million euros for apartment
Metro Capital Management is selling apartments in a building to be erected at Pirita Road, the square meter price peaking near €5,500.
Number of real estate transactions up 14.9 pct on year in Q1
In the first quarter of this year 8,706 real estate purchase and sale transactions with a total value of 417.5 million euros were notarized in Estonia, figures released by Statistics Estonia on Tuesday show.
The total number of real estate transactions increased last year
According to Statistics Estonia, in 2012, 36,176 purchase-sale transactions of real estate in the total value of 1.7 billion euros were notarised. In 2012, the number of transactions increased by 12% compared to 2011 and the total value of transactions increased by 13%.
Foreigners accounted for 23 pct of Tallinn real estate transactions in 2012
Transactions to buy or sell Tallinn real estate conducted by foreign nationals numbered 2,300 in 2012, accounting for 22.8 percent of the total number of 10,064 property transactions registered in the capital city during the year.