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
This announcement has been corrected.
Corrected version
PARANDUSTEADE: Sofia linnavolikogu kehtestas Iztok Parkside detailplaneeringu
Categories
Other price sensitive information
Unique data record identifier
5647
Submission date and time
10.08.2016 16:48:33
Content of announcement in Estonian
Title
Sofia linnavolikogu kehtestas Iztok Parkside detailplaneeringu
Message
Sofia linnavolikogu kehtestas 28.07.2016 istungil Arco Vara AS-i 100%
tütarühingule Iztok Parkside EOOD-le kuuluvate Iztok Parkside kinnistute
detailplaneeringu. Planeeringuga hõlmatud kinnistute pindala on 2470m2.
Jõustunud planeeringu kohaselt rajatakse Iztok Parkside kinnistutele kolm
kortermaja kuni 68 korteriga ja kogu müüdava pindalaga (GSA) 7700 m2, millele
lisanduvad parkimiskohad ja panipaigad.
Arco Vara omandas kinnistud 10.05.2016. Juba alustatud projekteerimistööd
lõpevad kolmandas kvartalis ning ehituse ja eelmüügiga alustab kontsern 2016.
aasta neljandas kvartalis.
Arco Vara AS-i juhataja Tarmo Sild'i kommentaar:
„Hindan väga Bulgaaria arendustiimi senist head tööd. Meie üks lisaväärtusi on
luua planeeringulahendusi, mis ühelt poolt loovad Sofiast kaasaegset metropoli
ja teenivad tema elanikke, ning teiselt poolt annavad aktsionäridele optimaalse
kapitalipaigutuse vastu korraliku tootluse. Elanike ostuhuvi näeme juba praegu,
aga projekti reaalsed tulemused avalduvad kontserni kasumiaruandes 2018. aasta
alguses. Meie oodatud müügitulu ületab 7 miljonit eurot ja aktsionäride
puhaskasum võiks ületada ühte miljonit eurot“.
Evelin Kanter
Juriidilise osakonna juht
Arco Vara AS
Tel: +372 614 4594
[email protected]
http://www.arcorealestate.com
Content of announcement in English
Title
Sofia City Council adopted Iztok Parkside detail plan
Message
On 28 July 2016, Sofia City Council adopted the detailed plan of Iztok Parkside
land plots owned by Iztok Parkside EOOD which is 100% subsidiary of Arco Vara
AS. The area covered by land plots is 2470 m2.
According to the detailed plan an apartment building with 68 apartments and
gross sellable area of 7700 m2 (not including parking places and storerooms)
can be built on Iztok Parkside land plots.
Arco Vara acquired the land plots on 10 May 2016. The design, which is already
on progress, will be finished in the third quarter and in the fourth quarter of
year 2016 the Group will start the construction works and the presale.
Arco Vara AS' CEO Tarmo Sild’s comment:
"I value highly the current good work of our Bulgarian development team. One of
the additional values that we offer is a detail plan solution that from one
side changes Sofia into a modern metropolis and serves its residents and from
the other side gives the shareholders a decent productivity in return for
optimal capital placement. The residents’ interest towards acquisition we can
see already now but the actual outcome of the project will be revealed in the
Group’s income statement at the beginning of year 2018. Our expected revenue is
over 7 million euros and the shareholders’ net profit should exceed 1 million
euros.“
Evelin Kanter
Head of Legal Department
Arco Vara AS
Tel: +372 614 4594
[email protected]
http://www.arcorealestate.com