Tallinna kesklinna Arter kvartalisse tuleb ligi 3000 m² suurune paindlike kontorilahenduste ja co-working ala, mida hakkab opereerima valdkonna juhtiv ettevõte IWG oma kaubamärgiga Spaces. Tallinna suurim Spaces asub Eesti kõrgeima büroohoone 2.-6. korrusel ning mahutab üle 450 töökoha koos erinevas…
AS Nordecon group company Embach Ehitus OÜ and Kaarsilla Kinnisvara OÜ signed a contract for the construction of a building complex in the Port Athena quarter at Tartu, Väike-Turu 7. The planned group of buildings consists of four six-story and…
The owner of Europa Shopping Centre in Vilnius, BH Europa UAB, an SPV of Baltic Horizon real estate fund, signed and closed a real estate sale and purchase agreement with UAB “Prime Location Property Fund” on Friday, 30 December 2022,…
GROUP CEO’S REVIEW The cooling of the real estate market in the third quarter did not cause panic in Arco Vara’s developments. The planned final sales of the Kodulahe quarter were held as expected and there was no visible concern…
UAB Merko Būstas, part of AS Merko Ehitus group, has started the construction of the third stage of the Vilneles Skverai residential project (merko.lt/vilnelesskverai/), located on the outskirts of the Old Town of Vilnius. The new stage includes eight apartment…
The net value (NAV) of EfTEN Real Estate Fund III AS shares was 20.1625 euros as of 31.08.2022. The net value of the EPRA share (EPRA NRV – accounting net value without taking into account the deferred income tax liability…
On 31.08.2022, the Tallinn City Government initiated the detailed planning of the plot belonging to Arco Vara subsidiary Kodulahe II OÜ, located at Soodi 6. The purpose of the detailed plan is to assign building rights to the property with…
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 20.0053 euros as of 31.07.2022, increasing by 0.7% in July. The net value of the EPRA share (EPRA NRV – accounting net value without taking into account…
GROUP CEO’S REVIEW In the second quarter, we reached the moment every real estate developer is waiting for once again, being able to commence the handover of completed homes to our clients in Kodulahe Kvartal, the sales revenue of 41…
AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the fourth stage of Erminurme residential development project in Tartu Parish. The stage includes three buildings at Erminurme Road 14, Erminurme Road 18 and Erminurme Road…
SIA Merks Mājas, part of AS Merko Ehitus group, has started the construction of the third stage of Merks Viesturdārzs residential project in the city centre of Riga. Articulated building of five to seven storeys at Rūpniecības St. 33 with…
SIA Merks Mājas, part of AS Merko Ehitus group, has started the construction of the first stage of Merks Magnolijas residential project in Pārdaugava area in Riga. Two three-storey buildings at Skrines St. 6 and 8 with 96 apartments will…
GROUP CEO’S REVIEW The first quarter of this year brought important changes to the Arco Vara group – we founded a construction contracting company Arco Tarc OÜ. This company provides services to the developments of Arco Vara with the main…
GROUP CEO’S REVIEW In the field of real estate that became volatile in 2021, Arco Vara’s collective was able to secure more than 40,000 m2 of new development volumes which will provide the Company with a solid foundation for the next…
On 18 February 2022, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and OÜ Tiigiveski Arendus, part of AS Kapitel group, have entered into a contract to perform above-grade construction works of Liivalaia quarter, renamed Arter quarter at…
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