ARCO VARA AS - NASDAQ OMX Baltic

Name / Location Description Intended use
4,847 m 2 Liimi 1B
of land, registered purpose of use:
Proposed to be divided into two
Tallinn, Estonia
commercial.
separate real estate units and the real
estate unit acquired by Arco
Investeeringud to be sold.
Jaunpils street
Riga, Latvia
“Mārsili”
Ādažu parish,
Riga district, Latvia
Kase 52 and 54,
Tallinn, Estonia
“Merivälja 2”
Tallinn, Estonia
Arco Investeeringud owns 2463/4847 share of the
property, the rest is owned by Arco Balti
Kinnisvarafond AS.
The co-owners have entered into an agreement which
determines the land areas and properties being in the
common use of both owners and land areas and
properties being in the exclusive use of each owner.
Under the agreement, the ultimate goal is to terminate
the co-ownership and divide the land.
Encumbered with mortgage in favour of AS SEB
Eesti Ühispank.
5,227 m 2 of land.
Owned by SIA Ulmana Gatves Nami.
Encumbered with a mortgage in favour of AS
HANSABANKA.
It is prohibited to alienate, dispossess, donate, split
and encumber the land with rights in rem without
consent of AS HANSABANKA.
13,095 m 2 of land in two real estate units relating to
residential development project “Mārsili”.
Owned by SIA Arco Development.
Encumbered with mortgages in favour of AS DnB
NORD Banka.
It is prohibited to alienate, dispossess, donate, split,
lease, rent and encumber the land with rights in rem
without consent of AS DnB NORD Banka.
Four apartments of 130.7 m 2 each and one apartment
of 132.9 m 2 .
Owned by Tallinna Linnaehituse AS under a 50-year
building title in apartments encumbering the land at
Kase 52 and 54. The land is owned by the City of
Tallinn.
Encumbered with mortgage in favour of AS SEB
Eesti Ühispank.
Approx. 10 ha of land relating to the residential
development project “Merivälja 2”; registered purpose
of use: transport, social and residential.
113
Proposed to be sold.
Proposed to be sold.
Proposed to be sold to end clients.
The land used for streets,
infrastructure and public areas
proposed to be transferred to the City
of Tallinn.