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
3475
Submission date and time
28.09.2011 11:37:38
Content of announcement in Estonian
Title
Arco Vara tütarettevõte müüs osaluse Lilletee LA OÜ-s
Message
Arco Vara AS 100% tütarettevõte Arco Investeeringute AS müüs oma 100% osaluse Lilletee LA OÜ-s. Lilletee LA OÜ-le kuulub Viimsi vallas, Haabneeme asulas lasteaed, mida Viimsi vald üürib järgnevad kaheksa aastat. Lilletee LA OÜ 100% osaluse omandas kinnisvarainvesteeringutele spetsialiseerunud VM Investments OÜ. Kommertskinnisvara arendamine ja selle realiseerimine projektettevõtte osade võõrandamise näol on osa Arco Vara grupi põhitegevusest, antud tehing ei avalda Emitendi tegevusele olulist mõju. Tehing ei ole käsitletav tehinguna seotud isikuga ja emitendi nõukogu ja juhatuse liikmed ei ole tehingust muul viisil isiklikult huvitatud. 1535 ruutmeetrine, 144 kohaline ja 6 rühmaga lasteaiahoone projekteeris ning ehitab YIT Ehitus, arhitektiks on Arhitektuurinurk OÜ arhitekt Veiko Tein. Hoone antakse kasutamiseks Viimsi vallale üle märtsis 2012. 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
Arco Vara subsidiary sells its shareholding in Lilletee LA OÜ
Message
Arco Investeeringute AS, a 100% subsidiary of Arco Vara AS, sold its 100% shareholding in Lilletee LA OÜ. Lilletee LA OÜ owns a nursery school in Haabneeme, Viimsi parish, that the local government will lease for the next eight years. The 100% shareholding of Lilletee LA OÜ was obtained by VM Investments OÜ specialising in investment property. Developing commercial property and realizing it through the disposal of shares in project companies is part of Arco Vara Group's principal activities, the transaction does not have any substantial influence to the operations of the issuer. The transaction cannot be considered as a transaction with related persons, neither do the members of Supervisory or Management Board have any personal interest in the transaction. The 1535 m2 nursery school building for 144 children and 6 classes was designed and built by YIT Ehitus, the architect of the building is Veiko Tein from Arhitektuurinurk OÜ. The completed building will be handed over for use to the Viimsi local government in March 2012. 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