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
6386
Submission date and time
27.11.2017 09:00:00
Content of announcement in Estonian
Title
Uute kinnistute omandamine Sofias
Message
Arco Vara AS sõlmis lepingu, et omandada 100%-liselt 2 Bulgaaria äriühingu
osad, millele kuulub Lozeni küla lähedal Sofia äärelinnas kokku 8 kinnistut
elukondliku arenduse projekti jaoks. Kinnistute vahetus läheduses asuvad mh
kaubanduskeskus, lasteaed, spordiasutused, korterhotellid ja restoranid.
Kogupindala on 122 100 m2 (12,2 ha) ning tehing viiakse lõpule kahes etapis:
etapp 1 (3 kinnistut) 2018 jaanuari jooksul ning etapp 2 (5 kinnistut) 2020
detsembri jooksul.
Grupp kavandab kõrgklassi elukondliku arenduse projekti, mille raames
ehitatakse 3-korruselisi korterelamuid, ridaelamuid ja eramaju.
Kogu projekti ehitusmaht on ca 70 000 m2, mis arendatakse välja kahes või
kolmes etapis sõltuvalt turusituatsioonist. Koguinvesteering ulatub
hinnanguliselt 62 miljoni euroni. Esimene etapp algab juba 2018 jaanuaris ning
kogu projekti eeldatav lõpp on aastal 2024.
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 new land plots in Sofia
Message
Arco Vara AS signed an agreement to acquire 100% of the shares of 2 Bulgarian
companies which own a total of 8 land plots near Lozen village on the outskirts
of Sofia intended for a residential development project with adjacent
commercial premises like supermarket, kindergarten, sports facilities,
aparthotel, and restaurant. Total area of the land plots is 122 100 m2 (12.2
ha) and the transaction will be finalized in 2 stages: stage 1 (3 land plots)
during January 2018 and stage 2 (5 land plots) during December 2020.
The Group plans to develop a high-class residential development with 3-storey
apartment blocks, row houses and private houses.
Project TBA will be ca 70,000 m2 and will be developed in 2 or 3 stages
depending on market conditions. Total investment is expected to reach EUR 62
million. Stage 1 will commence already in 2018, and full project completion is
expected around 2024.
Evelin Kanter
Head of Legal Department
Arco Vara AS
Tel: +372 614 4594
[email protected]
http://www.arcorealestate.com