AV1 Arco Vara A.S.

Detailed planning for the last stage of Kodulahe has been initiated

Detailed planning for the last stage of Kodulahe has been initiated

On 11.06.2024, the Tallinn City Government initiated the detailed planning of the plot belonging to Arco Vara subsidiary Kodulahe Kvartal OÜ, located at Lammi 6.

The purpose of the detailed plan is to assign building rights to the last stage of the Kodulahe quarter: for the construction of up to eight apartment buildings with partly commercial spaces, one underground and up to four above-ground floors.

CEO of Arco Vara Miko Niinemäe's comment: "A playground, greenhouses and courtyards with a water feature will be built between the residential buildings. Between the new residential buildings there are safe and car-free green areas, which, based on the experience of the region, are very important. However, the Lammi 6 property will be an important part of the entire Kodulahe development, because when it is completed, we can say that Kodulahe is ready. The special feature of this property is that by the end of Lammi 6, Arco Vara has created its own mini-district, where approximately 2,000 people have found a place to live in Tallinn."

The start of construction and sale of apartments in Lammi 6 is planned for 2026, and the completion of the development for 2028.



Tiina Malm

CFO

Arco Vara AS

Tel: +372 614 4630



EN
17/06/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Arco Vara A.S.

 PRESS RELEASE

Dividend payment ex-date of Arco Vara AS

Dividend payment ex-date of Arco Vara AS Arco Vara AS informs that the list of shareholders who are entitled to dividends shall be fixed on 6th of September 2024, as at the end of the working day of Nasdaq CSD Estonian Settlement System, and therefore the dividend payment ex-date is on 5th of September 2024. From that date the new owner of the shares is not entitled to dividends for the year 2023 paid out on the 13th of September 2024. Arco Vara AS will pay dividends to the shareholders in the net amount of 1 euro cents per share on 13th September 2024. Next confirmed payments are the ...

 PRESS RELEASE

Arco Vara AS-i dividendimakse ex-päev

Arco Vara AS-i dividendimakse ex-päev Arco Vara AS informeerib, et vastavalt kinnitatud dividendipoliitikale fikseeritakse dividende saama õigustatud aktsionäride nimekiri 6. septembril 2024 Nasdaq CSD Eesti arveldussüsteemi tööpäeva lõpu seisuga ja seega väärtpaberitega seotud õiguste muutumise päev (ex-päev) on 5. september 2024. Alates sellest kuupäevast ei ole aktsiaid omandanud isik õigustatud saama dividende 2023. majandusaasta eest 13. septembril 2024. Arco Vara AS maksab dividende aktsionäridele netosummas 1 eurosenti aktsia kohta 13. septembril 2024. Järgmised kinnitatud divid...

 PRESS RELEASE

Change in the boards of Arco Vara subsidiaries

Change in the boards of Arco Vara subsidiaries The former CEO of Arco Vara AS, Miko-Ove Niinemäe, is leaving the Arco Vara group on 31.08.2024 and is no longer a member of the board of the group's Estonian companies. As of September 1, 2024, Arco Vara AS' new CEO Kristina Mustonen and CFO Tiina Malm will be the new board members of Arco Vara's subsidiaries Kodulahe Kvartal OÜ, Osaühing Kerberon, Arcojärve OÜ, Kodukalda OÜ, Kodulahe II OÜ and Arco Tarc OÜ. Arco Vara's CEO Kristina Mustonen’s comment: "We thank Miko-Ove Niinemäe for his dedicated contribution to Arco Vara's story and wish...

 PRESS RELEASE

Unaudited consolidated interim report for Q2 and 6 months of 2024

Unaudited consolidated interim report for Q2 and 6 months of 2024 GROUP CEO’S REVIEW The decrease in activity of the real estate sector following the surge in Vitamin D has now become the norm, which is well illustrated by the Q2 results of Arco Vara. At that, the slight drop in base interest rates has not yet shown a significant impact. Despite low activity, our team has managed to continue sales of the Kodulahe Rannakalda project and we also commenced preliminary sales in the next stage of Kodulahe. While three homes were sold at Rannakalda in the previous quarter, eight homes and two...

 PRESS RELEASE

2024. aasta II kvartali ja 6 kuu konsolideeritud auditeerimata vahearu...

2024. aasta II kvartali ja 6 kuu konsolideeritud auditeerimata vahearuanne JUHATAJA KOMMENTAARID Juba tavaks on saanud D-vitamiini puhangule järgnev kinnisvaravaldkonna madal aktiivsus, mida ilmestab ka Arco Vara teise kvartali tulemus. Sealjuures ei veel ole olulist mõju avaldanud vähene baasintressimäärade langetamine. Olenemata vähesest aktiivsusest on meie meeskond suutnud jätkata Kodulahe Rannakalda projekti müügiga ja samuti alustasime eelmüüke Kodulahe järgmises etapis. Kui Rannakaldal müüdi eelmises kvartalis 3 kodu, siis aruande ilmumise hetkeks müüdi tulevas Soodi 6 a...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch