Arco Vara begins expansion to other Baltic States. The first step is the establishment of Arco Real Estate in Riga. Today, Arco Real Estate is a successful real estate company in Latvia.
Arco Vara establishes Arco Vara Halduse OÜ, a company to provide real estate management services
Cooperation with the developer and constructor TTP begins for the brokerage of a large real estate development project in Pirita in Tallinn.