Market announcement
Arco Vara AS
LEI code
097900BHCB0000066171
Size of the entity
Small group
Economic activities
Professional, Scientific and Technical Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
2679
Submission date and time
16.04.2010 16:29:21
Content of announcement in Estonian
Title
„Navigator” ja „Tivoli“ projekti laenu pikendamine
Message
Arco Vara kontsern pikendas Tallinnas asuvate projektide „Navigator“ (Laeva 2) ning „Tivoli“ (Narva mnt 67) laene SEB pangas olemasolevatel tingimustel kuni 30.juunini 2010. „Navigator“ projekti laenujääk on 20 mln krooni (1,3 mln eurot) ja „Tivoli“ projekti laenujääk on 82,5 mln krooni (5,3 mln eurot). Intressimäär on 6 kuu Euribor, millele lisandub marginaal 2,75%. Arco Vara on Baltimaade üks juhtivaid kinnisvaraarenduse ettevõtteid, asutatud 1992. aastal. Ettevõtte põhitegevuseks on kinnisvaraarendus, mida toetavad enda kinnisvaravahendus ja hindamine, ehitus ning kinnisvarahaldus. Firmal on esindused 17 linnas Eestis, Lätis, Ukrainas ja Bulgaarias. Kontsernis töötab ca 170 inimest. Arco Vara AS aktsiad on noteeritud Tallinna Börsil. 1 euro = 15,6466 Eesti krooni Lembit Tampere Juhatuse liige Arco Vara AS Tel: +372 614 4630 [email protected] http://www.arcorealestate.com/
Content of announcement in English
Title
Prolongation of „Navigator” and „Tivoli“ projects loans
Message
Arco Vara Group prolonged under the same conditions SEB Bank's loans for „Navigator“ (Laeva 2) and „Tivoli“ (Narva road 67) projects in Tallinn till 30th of June 2010. Remained loan for “Navigator” project is 20 mio kroons (1,3 mio euros) and for “Tivoli” project 82,5mio kroons (5,3 mio euros). Interest rate is 6-month Euribor plus margin 2.75%. Arco Vara is a leading real estate developer in the Baltic's, established in 1992. The operations involve real estate development, brokerage, valuation, construction and property maintenance arm. The company is located in 17 cities in Estonia, Latvia, Ukraine and Bulgaria and employs approx. 170 people. Arco Vara AS is listed on Tallinn Stock Exchange. EUR 1 = EEK 15.6466 Lembit Tampere CEO Arco Vara AS phone: +372 614 4630 [email protected] http://www.arcorealestate.com/