The Spice furniture and home goods center has changed its name to Spice Home, in order to strengthen its leading retailer position on the Riga home goods market. “Two years ago we launched a completely new retail concept in the Baltic countries, focusing on furniture and home goods. In these two years, the economic situation… Continue reading Spice Home – the new brand of the furniture and home goods center
E.L.L. Kinnisvara AS has sold its 100% holding in the subsidiary Duarte Group OÜ to the investment firm AS Kawe Group. Duarte Group OÜ developed and owns a production and warehouse building in the Rae industrial park, in Lehmja village in the Harju County. The building has a total area of 14 700 sq. m… Continue reading E.L.L. Kinnisvara has sold its holding in the subsidiary that owned a mattress production facility
On 1 September 2009, the new building of the Karulaugu Nursery and Primary School opened its doors, welcoming 290 children to the primary school and 144 children to the nursery. The brand-new building, located in Haabneeme, helps to significantly reduce the load of the Viimsi school which this year enrolled 170 kids in year one.… Continue reading Possession of the Karulaugu Nursery and Primary School transferred to the Viimsi municipality (13 Aug 2009). Karulaugu Nursery and Primary School Welcomes the First Children
The embassy block in central Vilnius has two new occupants – the embassies of Finland and Norway. The diplomatic mission of the Republic of Finland and the embassy of the Kingdom of Norway have relocated to the so-called Embassy House in the Naujamestis district of Vilnius. On 6 July 2009, the new premises were officially… Continue reading His Majesty the King of Norway and the Presidents of Finland and Lithuania officially opened new embassies in the Embassy House in Vilnius
Within the second year of its activity, Šiauliai Fashion and Leisure Centre Saules Miestasreached the turnover of 174 million Litas. In year 2007, starting from 14 March, the turnover came to 140 million Litas. Therefore, the average monthly turnover in year 2008 did not change and came to as much as 14,5 million Litas. Last… Continue reading Turnover of Saules Miestas centre reached 174 million Litas last year
On 18 December a modern leisure and shopping centre “Panorama” (opened in November) was awarded a gold medal in the competition “Lithuanian product of the year 2008” (organized for the 12th time) in the group of industry of constructions and building materials. From the point of view of constructions and engineering, the most complex shopping… Continue reading The first winner of 20 thousand litas check in „Panorama“
Impressive fireworks, a special Tabami project, games, competitions, and fashion shows – is how the new Panorama shopping and leisure centre, which opened Friday, greeted Vilnius during the entire weekend dedicated to its opening. The new attraction invited fans of jazz, fashion, games, and cinema, as well as enthusiasts of stylish clothing shops and new… Continue reading Panorama’s Opening: Lots of Music, Games and Art
E.L.L. Kinnisvara Panorama, modern leisure and shopping centre, to open on 7 November will offer Vilnius residents and guests alike over 170 places of commerce and service, with over twenty introduced for the first time in Lithuania. The shopping centre sits in Zverynas, adjacent to busy city streets and ranks among the biggest shopping centres… Continue reading Panorama, modern leisure and shopping centre to offer tens of brands of style
This week, the leading real estate developer in the Baltic States named ELL Real Estate handed over the new mattress and top mattress production and storage building situated in Lehmja village, Harju County, to Hilding Anders, the biggest string bed manufacturer in Europe. First mattresses should be ready in the village of Lehmja already in… Continue reading A colossal production and storage building completed in Rae rural municipality
Major Baltic developer E.L.L. Real Estate has sold to German open-ended real estate mutual fund Focus Nordic Cities managed by Catella Real Estate KAG, Munich, Germany, the office property in Riga let to such good quality tenants like Statoil, Samsung, Ericsson, and E.L.L. Real Estate Latvian office. The Property is located in Riga at Duntes… Continue reading Major Baltic developer E.L.L. Real Estate has sold to Focus Nordic Cities an office property in Riga for 33 MEUR
During the first year of activity Šiauliai MLC SAULĖS MIESTAS (SM) fashion and leisure centre boasted a turnover of 140 million litas and the centre was visited by more than 6 million people. These two numbers surpassed even the most optimistic expectations. SM which opened its door on March 14th of last year belongs to… Continue reading During the first two years of activity SAULĖS MIESTAS fashion and leisure centre hosted nearly double the amount of people than the number of the Lithuanian population
