Arco Vara — M&A Activity 2025

Mar 7, 2025

Arco Vara is expanding its development activities in Kristiine

A subsidiary of Arco Vara, Aktsiaselts Kodulahe II OÜ, has purchased properties
with a building permit at Spordi 3a and 3b Kristiine Tallinn. The development
will consist of two buildings and 7,600 m(2) of residential real estate (gross
building area) with an underground parking lot. The buildings will have a total
of 56 apartments, several of which have a balcony or terrace. Pre-sales of
Spordi 3a and 3b apartments will begin in the second quarter of 2025, and
homeowners will receive the keys by the end of 2026. The total investment in the
project is 15 million euros. The buildings will be built by Arco Vara's
construction company Arco Tarc OÜ.

Kristina Mustonen, CEO of Arco Vara AS, "We were looking for a project where
construction activities could start immediately. Spordi 3a and 3b are a unique
development project that aligns with Arco Vara's values. Arco Vara's goal is to
create high-quality and efficiently planned homes that meet customer
expectations. We focus on understanding the desires of the homebuyer and have
taken into account the needs of a modern lifestyle in this development as well."

Tiina Malm
CFO
Arco Vara AS
Tel: +372 614 4630
[email protected] (mailto:[email protected])