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 corporate action
Unique data record identifier
8432
Submission date and time
04.12.2020 14:28:41
Content of announcement in Estonian
Title
Arco Vara alustab järgmiste Kodulahe etappide ehitust
Message
Arco Vara AS-i tütarfirma Kodulahe OÜ on sõlminud ehitus- ja finantseerimislepingud järgmise Kodulahe Kvartali elukondliku arendusprojekti teostamiseks. Tallinnas Merimetsas alustatakse Kodulahe Kvartali 4. ja 5. kortermaja ühist arendust aadressidel Pagi 3 ja Pagi 5, kuhu rajatakse 72 korterit. Pakkumisele tulevad 2-5-toalised korterid summaarse netopinnaga 4777 m(2). Hooned projekteeris KAMP Arhitektid OÜ, ehituse peatöövõtjaks on RAMM Ehituse OÜ ja ehitust finantseerib AS LHV Pank. Hooned valmivad 2022. aasta suvel ja projekti oodatav tulu on ligikaudu 11,7 mln eurot. Arco Vara AS-i tegevjuht Miko Niinemäe: "Klientide huvi Kodulahes elamise ja Merimetsa piirkonna vastu on stabiilselt kõrge ning leiame, et piirkonna kvaliteetse arendustegevuse jätkamine on tähtis kogu Tallinna arenguks. Oluline on välja tuua, et tegemist on Paldiski mnt 70c planeeringuala viimase etapiga, mida on Arco Vara arendanud juba aastast 2014." Tiina Malm Finantsjuht Arco Vara AS Tel: +372 614 4630 [email protected] (mailto:[email protected])
Content of announcement in English
Title
Arco Vara begins with the construction of the next Kodulahe stages
Message
Kodulahe OÜ, a subsidiary of Arco Vara AS, has entered into construction and financing contracts for conducting the next residential development project of Kodulahe Kvartal. In Merimetsa, Tallinn, the joint development of the 4(th) and 5(th) apartment building of Kodulahe Kvartal will be started at addresses Pagi 3 and Pagi 5 where 72 apartments will be constructed. On offer will be apartments with 2 to 5 rooms and with a total GSA of 4,777 m(2). The buildings were designed by KAMP Arhitektid OÜ, the main contractor of construction is RAMM Ehituse OÜ and the construction is financed by AS LHV Pank. The buildings will be completed in the summer of 2022 and the expected income of the project is approximately 11.7 million euros. Miko Niinemäe, the Executive Manager of Arco Vara AS, "The interest of the clients in living in Kodulahe and the Merimetsa region is stably high and we think that the continuing the qualitative development of the region is important for the development of the entire city of Tallinn. It is worth to mention that it is the last stage of the planning area of Paldiski mnt 70c which Arco Vara has developed already as of 2014." Tiina Malm CFO Arco Vara AS Tel: +372 614 4630 [email protected] (mailto:[email protected])