Swedish electronics manufacturer Ericsson announced this week that it is abandoning plans for a major investment in Estonia, citing a challenging market and economic environment.”Aktuaalne kaamera.Nädal” investigated whether Estonia has lost its appeal and competitiveness in the eyes of investors.
The CEO of Eften Capital, Viljar Arakas, provided an overview of Estonia’s commercial real estate market in recent years:
“The transaction market between buyers and sellers has been frozen for years now.It all started with Covid, then came the Ukraine war, followed by rising energy prices and interest rates.
Read more: ERR.EE
