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ARCO VARA AS - NASDAQ OMX Baltic

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Name / Location Description Intended use<br />

A 50-year building title encumbering 39,565 m 2 “Kolde”<br />

of To be developed into apartment<br />

Helme st 5,7,9,11,13,16,<br />

16b, 18<br />

Tallinn, Estonia<br />

land in nine adjacent real estate units owned by the<br />

City of Tallinn.<br />

The building title encumbering land at Helme st 13<br />

has been further divided into individual apartment<br />

building titles, most of which have been sold to end<br />

clients. The rest are owned by <strong>AS</strong> Kolde.<br />

buildings together with parking spaces<br />

and related infrastructure.<br />

“Pärtli”<br />

Vanamõisa village<br />

Saue parish<br />

Harjumaa, Estonia<br />

“Tooma”<br />

Tooma 1, Jõgisoo village<br />

Saue parish<br />

Harjumaa, Estonia<br />

“Vahi”<br />

Puiestiku I, Vääna<br />

village<br />

Harku parish<br />

Harjumaa, Estonia<br />

“Bišumuiža 1 (BM-1)”<br />

Komētas street 8,10,12,14<br />

Riga, Latvia<br />

The building titles encumbering other real estate units<br />

are owned by <strong>AS</strong> Kolde and are proposed to be<br />

divided into individual apartment building titles for<br />

the purposes of sale to end clients.<br />

Approx. 33.74 ha of land in three real estate units,<br />

registered purpose of use: profit yielding.<br />

One real estate unit of 8.65 ha owned by<br />

OÜ Koduküla and encumbered with a mortgage in<br />

favour of Sampo Pank <strong>AS</strong>. Two other real estate units<br />

of 14.64 ha and 10.45 ha, respectively, are currently<br />

owned by private individuals who have entered into<br />

respective agreements for the sale of these real estate<br />

units to OÜ Koduküla.<br />

Approx. 31.66 ha of land, registered purpose of use:<br />

profit yielding.<br />

Currently owned by a private individual who has<br />

entered into an agreement for the sale to OÜ<br />

Koduküla.<br />

83,480 m 2 of land, registered purpose of use: profit<br />

yielding and residential.<br />

Owned by Arco Investeeringud.<br />

Encumbered with mortgage in favour of <strong>AS</strong><br />

Hansapank.<br />

Leasehold of 36,419 m 2 of land.<br />

109<br />

Two apartment buildings have been<br />

completed and two apartment<br />

buildings are currently under<br />

construction.<br />

Residential area infrastructure to be<br />

developed and sold as 93 real estate<br />

units ready for construction, with an<br />

area of approximately 1,500 m 2 each.<br />

The detail planning for the project is<br />

being processed.<br />

Residential area infrastructure to be<br />

developed and sold as 101 real estate<br />

units ready for construction, with an<br />

area of approximately 1,909 m 2 each.<br />

The detail planning for the project is<br />

being processed.<br />

Residential area infrastructure to be<br />

developed and sold as 21 real estate<br />

units ready for construction, with an<br />

area of approximately 3,316 m 2 each.<br />

Detail planning was effected in<br />

August 2006<br />

To be developed into apartment<br />

buildings.

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