US developers plan luxury projects in Estonia

Baltic Investment Holdings (BIH), created by Americans and Englishmen in January last year, is planning big real estate projects in Tallinn and Narva-Joesuu. BIH is planning to build a 8333-sqm luxury complex in Narva-Joesuu, which should be completed in spring 2008. Narva-Joesuu is located only 20 minutes away from the new Finnish shipping line (Sillamae-Kotka) and only 150 km away from St Petersburg.

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