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
3524
Submission date and time
24.11.2011 09:29:22
Content of announcement in Estonian
Title
24.11.2011: Korterimüügi suurtehing Madridi projektis Sofias
Message
Arco Investeeringute AS-i (100% Arco Vara AS tütarettevõtte) Bulgaaria tütarettevõte Arco Invest EOOD allkirjastas eile, 23.11.2011 üleandmise ja vastuvõtuakti ettevõttega Cleves EOOD Boulevard Residence 21 korteri ja 13 parkimiskoha üleandmiseks. Lõpuleviidud tehingu summa on 4,3 mln eurot, millest 2,5 mln eurot tasuti ettemaksuna märtsis 2008 ja 1,8 mln eurot tasutakse novembris 2011. Tegemist on kaheosalise tehingu esimese etapiga. Lisaks ülalviidatud tehingule on Cleves EOOD kohustatud 2012. aasta lõpuks ostma veel 16 korterit ja 18 parkimiskohta hinnaga 2,8 mln eurot. Esimene eelmüügileping Boulevard Residence korterite osas sõlmiti märtsis 2008, mille kohaselt plaanis Cleves EOOD osta 45 viimistlemata korterit ja 60 parkimiskohta hinnaga 8,1 mln eurot. Nimetatud summast tasuti märtsis 2008 ettemaksuna 2,5 mln eurot. Vastavalt Cleves EOOD-i soovile ehitati hiljem kortereid suuremaks, mille tulemusena kujuneb lõplikuks korterite arvuks 37. Kuna võrreldes eellepingu sõlmimise ajaga on korterite hinnad kinnisvaraturul langenud ning lisaks loobus Cleves EOOD 29 parkimiskohast, siis kogu tehingu lõplikuks hinnaks kujuneb 7,1 mln eurot. Kõik eelpool nimetatud summad sisaldavad Bulgaaria 20%-list käibemaksu. Boulevard Residence paikneb Sofia keskuses, Madrid Boulevardil. Hoones kogupindalaga 25 000 m2 asub 87 korterit ning 164-kohaline maa-alune parkla. Lisaks paiknevad hoone esimesel kolmel korrusel kaubanduspinnad ja kaasaegsed kontoriruumid. „Madridi“ elu- ja ärihoone arendusprojekt Sofia kesklinnas valmis juunis 2010. Hetkel jätkub äri- ja eluhoones broneeritud korterite asjaõiguslepingute sõlmimine ning vabade korterite müük. Lisainfo projekti kohta http://www.arcoinvest.bg/. Arco Vara on Baltimaade üks juhtivaid kinnisvaraarenduse ettevõtteid, asutatud 1992. aastal. Ettevõtte põhitegevus on kinnisvaraarendus, mida toetavad hindamine, ehitus ja kinnisvarahaldus. Arco Varal on esindused 17 linnas Eestis, Lätis, Ukrainas ja Bulgaarias. Egert Paulberg Finantskontroller Arco Vara AS Tel: +372 614 4503 [email protected] http://www.arcorealestate.com
Content of announcement in English
Title
24.11.2011: Major apartment sales transaction under the Madrid project in Sofia
Message
Yesterday, 23.11.2011 Arco Invest EOOD, a Bulgarian subsidiary of Arco Investeeringute AS (a 100% subsidiary of Arco Vara AS) signed a deed of conveyance with the company Cleves EOOD in order to transfer 21 apartments and 13 parking places in the Boulevard Residence with a total value of 4.3 mio. euros, whereof 2.5 mio. were paid in advance in March 2008 and 1.8 mio. will be paid in November 2011. It is the first stage of a two-stage transaction. In addition to the yesterday's transaction, Cleves EOOD is obliged to buy another 16 apartments and 18 parking places by the end of 2012 with a total price of 2.8 mio. euros. The first interim sales agreement for the Boulevard Residence apartments, signed in March 2008, established that Cleves EOOD would buy 45 unfinished apartments and 60 parking places with a price of 8.1 mio. euros. Of this amount, 2.5 mio. euros were paid in advance in March 2008. At the request of Cleves EOOD, the apartments were rebuilt in order to increase their area, which reduced the number of apartments to 37. As the apartment prices on the real estate market have dropped compared to the time the interim agreement was concluded, and Cleves EOOD additionally gave up 29 parking places, the final transaction price is 7.1 mio. euros. All the above mentioned prices include 20% Bulgarian VAT. The Boulevard Residence is located in the centre of Sofia, at the Madrid Boulevard. There are 87 apartments and an underground parking space for 164 cars in the building with a total area of 25,000 m2. Besides that, there are commercial spaces and modern office spaces on the three lowest floors. The residential and business development Madrid in Sofia was finished in June 2010. At present, the project is in the stage of conclusion of real right agreements for booked apartments and selling of vacant apartments. Additional information: http://www.arcoinvest.bg/. Established in 1992, Arco Vara is one of the leading real estate development companies in the Baltic countries. The main activity of the company is real estate development, supported by appraisal, construction and real estate administration. The company has offices in 17 cities in Estonia, Latvia, Ukraine and Bulgaria. Egert Paulberg Controller Arco Vara AS Tel: +372 614 4503 [email protected] http://www.arcorealestate.com