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
3396
Submission date and time
17.06.2011 14:43:46
Content of announcement in Estonian
Title
17.06.11: Arco Vara tütarettevõte müüs osaluse Alasniidu LA OÜ-s ja teenis tehingult 275,029 EUR puhaskasumit
Message
Arco Vara AS 100% tütarettevõte Arco Investeeringute AS müüs oma 100% osaluse Alasniidu LA OÜ-s. Alasniidu LA OÜ-le kuulub Harku vallas, Tiskre külas lasteaed, mida Harku vald üürib järgnevad 11 aastat. Alasniidu LA OÜ 100% osaluse omandas kinnisvarainvesteeringutele spetsialiseerunud VM Investments OÜ. 1,680 ruutmeetrine, 144 kohaline ja 6 rühmaga lasteaiahoone projekteeriti ning ehitati 12 kuuga YIT Eesti poolt, hoone arhitektiks on Jüri Kliimask. Hoone anti kasutamiseks Harku vallale üle 1. juunil 2011 aastal. Osa müügihinnaks kujunes 360,778 EUR. Seoses osaluse müügiga vähenevad kontserni pikaajalised kohustused 1,041,937 EUR võrra ning bilansimaht 766,908 EUR võrra. Tehinguga teenitakse puhaskasumit 275,029 EUR. Arco Vara on Baltimaade üks juhtivaid kinnisvaraarenduse ettevõtteid, asutatud 1992. aastal. Ettevõtte põhitegevus on kinnisvaraarendus, mida toetavad vahendamine, hindamine, ehitus ja kinnisvarahaldus. Firmal on esindused 17 linnas Eestis, Lätis, Ukrainas ja Bulgaarias. Lembit Tampere Juhatuse esimees Arco Vara AS Tel: +372 614 4630 [email protected] http://www.arcorealestate.com
Content of announcement in English
Title
17.06.11: Arco Vara`s subsidiary sold participation in Alasniidu LA OÜ and made a 275,029 EUR net profit
Message
Arco Investeeringute AS, a subsidiary, which is 100% owned by Arco Vara AS, sold its 100% participation in Alasniidu LA OÜ. Alasniidu LA OÜ owns a kindergarten in Harku rural municipality, Tiskre village, which will be rented by Harku rural municipality for the next 11 years to come. 100% participation in Alasniidu LA OÜ was acquired by VM Investments OÜ, which specialises in real estate investments. The 1,680 square metre, 144 place kindergarten building for 6 groups was designed and built, in 12 months, by YIT Eesti; the architect of the building is Mr. Jüri Kliimask. The building was transferred to Harku rural municipality for utilisation on 1 June 2011. The sales price of the share was 360,778 EUR. The sales of participation will result in decrease in long-term liabilities of the company by 1,041,937 EUR while balance sheet value will drop by 766,908 EUR. The transaction gives a 275,029 EUR net profit. Arco Vara is a leading property development company in the Baltic areas, established in 1992. Main activity of the company is real estate development, supported by brokerage, valuation construction and facility management. Company is represented in 17 cities in Estonia, Latvia, Ukraine and Bulgaria. Lembit Tampere CEO Arco Vara AS phone: +372 614 4630 [email protected] http://www.arcorealestate.com