Borrower case study: Renovation of an apartment building in Riga city centre

The borrower: SIA ZenInvest, which previously has taken loans to renovate single apartments but now wanted to take the company to the next level by renovating an entire building.

The development: renovation of 12 apartments and two commercial premises, with a total net development area of 847m2.

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Borrower case study: Business loan as a credit line for Sixholm OÜ

The borrower: Sixholm OÜ is an experienced developer of single-residential and terraced houses, and has been engaged in construction since 2004. During this time the company constructed houses in both Estonia and Germany.

Loan purpose: The loan was used to increase the operating capital of the company.

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How we funded a 55-unit new residential development in Klaipėda, Lithuania

The borrower: Local Lithuanian real estate borrower Klaipėdos loftai has over 10 years of experience building new-developments and redeveloping existing ones. 

The development: The development consists of a three-story building featuring a total of 55 loft-style apartments, with a total gross development value of €5 000 000.

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Borrower Case study: 50-unit new residential development in Kalamaja, Tallinn

The borrower: Leading Estonian real estate developer Endover has over 20 years of experience building new-developments and redeveloping existing ones. 

The development: The development consists of three independent buildings which will feature a total of 50 loft-type apartments once complete, with a total gross building area (GBA) of 4989 m2.

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The present and future of crowdfunding

Mihkel Stamm, Crowdfunding Area Head of FinanceEstonia and COO of EstateGuru

Crowdfunding as a business model has proved itself over the ten years it has existed; the sector is growing rapidly and adding value to the economy. According to a study conducted at the University of Cambridge, Estonia is among the top countries in Europe ranked in terms of per capita volume of alternative funding. Our goal is to become leaders in this field also in terms of quality, stability and technological innovation.

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