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
4696
Submission date and time
30.10.2014 15:22:08
Content of announcement in Estonian
Title
30.10.2014: Bulgaarias lõppesid Manastirski Livadi elamukompleksi II etapi ehitustööd
Message
29.10.2014 võttis Arco Vara AS-i 100% tütarettevõte Arco Manastirski EOOD vastu
Manastirski Livadi elamukompleksi II etapi ehitustööd, mis algasid novembris
2013 ning valmisid tähtaegselt. Kogu ehituse maht on 16 000m2, millest
maapealne müüdav maht on 12 500m2. Ehituse lõppakti kuupäeva seisuga on
deposiidiga tagatud eelmüügilepingutega kaetud üle 70% kogu projekti müüdavast
mahust. Kogu eeldatav müügitulu ületab 9 miljonit eurot. Kasutusloa saamine
leiab eelduslikult aset detsembris 2014 pärast mida algab korterite
müügilepingute sõlmimine, mis tõstab kogu grupi IV kvartali prognoositud
müügitulu ning kasumit.
Evelin Kanter
Juriidilise osakonna juht
Arco Vara AS
Tel: +372 614 4594
[email protected]
http://www.arcorealestate.com
Content of announcement in English
Title
30.10.2014: The construction works phase II of Manastirski Livadi residential complex in Bulgaria are finished
Message
On 29 October 2014, the 100% subsidiary of Arco Vara AS Arco Manastirski EOOD
accepted the construction works of phase II of Manastirski Livadi residential
complex, which commenced in November 2013 and were finished on time. The whole
volume of the construction is 16,000m2 from which the above ground saleable
area is 12,500m2. On the date of signing the taking over certificate over 70%
of the gross saleable area was covered with preliminary sale contracts secured
by deposits. The whole alleged sales revenue is over 9 million EUR. Receiving
the occupancy permit is expected to take place in December 2014 after which
will start the process of concluding the sale contracts of the apartments that
will increase the anticipated sales revenue and profit of the whole group in IV
quarter.
Evelin Kanter
Head of Legal Department
Arco Vara AS
Tel: +372 614 4594
[email protected]
http://www.arcorealestate.com