TALLINN - One of Estonia’s largest property developers has suspended a project in Jurmala due to the drastic slowdown in the Latvian real estate market, according to reports.
The firm, Manutent, originally announced in February that it had signed preliminary agreements for the sale of one-tenth of apartments in a residential and recreation zone it planned to build in Jurmala, perhaps the priciest property market in all the Baltics.
Comments