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
8546
Submission date and time
08.02.2021 16:44:02
Content of announcement in Estonian
Title
Arco Vara laiendab arendustegevust
Message
Arco Vara tütarettevõte Aktsiaselts Kolde sõlmis lepingu maa ostuks Harku järve kaldale, aadressile Paldiski mnt 124b, Tallinn. Arendamisele tuleb enam kui 30 000 m(2) elamu- ja ärikinnisvara (brutoehitusmaht), mille oodatav arendusperiood on 6 aastat. Projekti esimese etapi ehituse algus on planeeritud 2023. aastasse. Arco Vara AS-i tegevjuht Miko Niinemäe: "Soovime luua kinnisvara ja elukeskkondi, mis on erilised. Näeme, et antud piirkonnas on võimalik seda meie klientidele pakkuda. Harku järve äärsel alal on väga suur potentsiaal, mis on täna suures osas kasutamata - meie eesmärk on mõistliku hinna juures arendada kodusid väärtuslikus piirkonnas. Usun, et suudame seda antud projektiga saavutada." Tiina Malm Finantsjuht Arco Vara AS Tel: +372 614 4630 [email protected] (mailto:[email protected])
Content of announcement in English
Title
Arco Vara is expanding its development activities
Message
A subsidiary of Arco Vara, Aktsiaselts Kolde, signed an agreement for land acquisition beside Lake Harku, address Paldiski road 124b, Tallinn. More than 30,000 m(2) of residential and commercial real estate (GBA) is planned for development. The expected development period is 6 years with the start of construction planned for 2023. Miko Niinemäe, CEO of Arco Vara AS, "We wish to create unique environments and real estate, which this region and Arco Vara can provide for our clients. The coastline of Lake Harku has significant potential that is mostly unused at the moment. Our objective is to develop cost effective real estate at a precious location. I believe we are able to achieve it at that location." Tiina Malm CFO Arco Vara AS Tel: +372 614 4630 [email protected] (mailto:[email protected])