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
5072
Submission date and time
09.07.2015 09:00:01
Content of announcement in Estonian
Title
Kruntide omandamine Sofias
Message
08.07.2015 sõlmis Arco Vara AS eellepingu Ritorex EOOD'ga, mis on Hispaania
kinnisvara gruppi kuuluv äriühing, millega omandab krunte kogupinnaga 2470 m2
ja asukohaga Lachezar Stanchev tänav, Iztok’i linnaosa, Sofia. Vastavalt
eellepingule on müüja kohustatud järgneva kuue kuu jooksul viima lõpule
kokkulepitud detailplaneeringu kehtestamise, mis võimaldab elamuehitust, ja
tagama Hispaania panga kasuks kruntidele seatud hüpoteekide kustutamise.
Tehing on struktureeritud äriühingu Sofia Parkside EOOD, s.o maatükkide
ainuomaniku, ainuosaluse omandamisena.
Maatükid asuvad prestiižse Iztok’i linnaosa keskel Novachnitsa jõe ääres, 500
meetri kaugusel metroopeatustest ning modernsest kontorihoonete ja
kaubanduskeskuse kompleksist. Vastavalt linna üldplaneeringule jäävad kirdes
asuvad munitsipaalmaad rohealadeks.
Tehinguga jätkab Arco Vara AS oma pikaajalist strateegiat Sofia elamispindade
turul kohaloleku kinnistamiseks. Omandatud projekti arvestuslik müüdava
maapealse pindala suurus on 7800 m2 ja eeldatav toodete hinnaklass kõrgem, kui
Manasrtirski Livadi arendusprojektil. Eeldatav on ehituse algus on hiljemalt
2016 II kvartalis ja projekti lõpetamine hiljemalt 2017. aasta lõpuks.
Evelin Kanter
Juriidilise osakonna juht
Arco Vara AS
Tel: +372 614 4594
[email protected]
http://www.arcorealestate.com
Content of announcement in English
Title
Acquisition of land plots in Sofia
Message
On 8 July 2015, Arco Vara AS signed a pre-purchase agreement with Ritorex EOOD,
a subsidiary of a Spanish real estate group, for acquisition of a set of land
plots with total area of 2470 sqm on Lachezar Stanchev street, Iztok district,
Sofia. According to the agreement, the seller is obliged within the next 6
months to complete the agreed detail plan allowing residential construction and
to secure deletion of an existing mortgage on the land plots in favour of a
Spanish bank.
The transaction is structured as acquisition of shares of the company Sofia
Parkside EOOD which is the sole owner of the land.
The land plots are in the middle of prestigious Iztok district, bordering
Novachnitsa river and 500 m from metro stations, daily facilities and modern
office building complex. According to the general city plan, the north-east
side neighbouring municipal plots are designated as green areas.
With the acquisition Arco Vara AS continues its long-term strategy to develop
its presence in Sofia residential market. The acquired project’s estimated
volume is 7,800 sqm GSA above grade and expected pricing above the level of
Manasrtirski Livadi development project. Estimated time for commencement of
construction is the Q2 2016 at the latest and completion of the project by end
of 2017 at the latest.
Evelin Kanter
Head of Legal Department
Arco Vara AS
Tel: +372 614 4594
[email protected]
http://www.arcorealestate.com