Published: 2021-02-18 15:49:36 CET
Arco Vara
Corporate Action

Arco Vara is expanding its development activities in Kodulahe


A subsidiary of Arco Vara, Arco Investeeringute Aktsiaselts, won a state land auction at Soodi street 6, Merimetsa, Kodulahe quarter.

The size of the land plot is 5,444 m2 and the expected GBA is 6,500 m2 above ground. In 2021, preparing the detailed spatial plan of the land plot will begin.

Miko Niinemäe, CEO of Arco Vara AS, “It is a unique area in Tallinn, where the sea, forest and beach are in the palm of residents’ hand. The speed of sales of Kodulahe project indicates that we can offer rest of the city noise, close to the city center and with high quality.”


Tiina Malm
CFO
Arco Vara AS
Tel: +372 614 4630
tiina.malm@arcovara.com