We Know Property


June 9, 2008

Estonia’s economy is growing strong

Category: Overseas Property – propropertyinvestor – 4:02 pm

Despite the current uncertain economic environment Estonia reached a very impressive 7.1% real GDP growth in 2007 according to figures from the Bank of Estonia. (more…)

China Chooses Estonia for Huge Container Port Investment

Category: Investment – propropertyinvestor – 2:51 pm

China has recently announced a huge investment into the Port of Tallinn which will enhance Estonia’s position as the main transit port for the Baltic area.

China’s Ningbo Port has agreed to help build an approximately 150 million euro container terminal and goods warehouse together at Muuga on the eastern side of Tallinn. Port of Tallinn Chairman, Ain Kaljurand was quoted as saying that the terminal should be completed by the beginning of 2011 and that total investments would amount to $220 million. (more…)