News

Arco Vara significantly increased its development volume and announced a new CEO

The unaudited financial results of real estate developer Arco Vara for 2025 reflect the company’s focus on expanding its development portfolio and advancing key projects into their next stages. According to the company’s CEO, the investments made create a foundation for sales volumes in the coming periods. “For Arco Vara, the fourth quarter was an […]

A look at the future Luther Quarter in central Tallinn

A new residential and commercial district is taking shape in the former Luther industrial area in central Tallinn, bringing new life to the area with a green park and public square at its core. According to real estate developer Arco Vara, the project has now entered the preparatory phase, with one of its most complex […]

Homebuyer trends in 2025: fewer square metres, higher quality

Homebuyers’ expectations have shifted rapidly in recent years, and a clear trend has emerged on the real estate market this year: compact, energy-efficient homes with well-considered layouts are in high demand. According to Elari Tamm, Sales Director of real estate developer Arco Vara, buyers are highly conscious and are willing to pay only for features […]

Arco Vara’s revenue grew to 5.6 million euros

Real estate developer Arco Vara earned 5.6 million euros in revenue and 214,000 euros in net profit during the first nine months of 2025. According to the company’s CEO, the third quarter was the most successful for Arco Vara in the past two years. According to Kristina Mustonen, CEO of Arco Vara, the previous quarter […]

Kodulahe quarter’s second-to-last stage gets its cornerstone

Today, Arco Vara laid the cornerstone for its Soodi 6 development — the newest phase of the Kodulahe quarter, located near Stroomi Beach. The development, consisting of three architecturally distinct buildings, will bring 62 new homes and four commercial spaces to the area. According to Arco Vara’s CEO Kristina Mustonen, the Kodulahe quarter, whose development […]

Nasdaq Welcomes Arco Vara to Baltic Bond List

Nasdaq announces that bonds issued by Arco Vara, an Estonian real estate developer, have been listed on the Nasdaq Baltic Bond List by Nasdaq Tallinn as of today. The bond issue amounts to EUR 15 million, with each bond having a nominal value of EUR 100. The bonds carry a fixed annual coupon rate of […]

Arco Vara’s oversubscribed bond issue sets a record among Baltic real estate developers

Real estate developer Arco Vara successfully completed a bond offering in September, attracting strong investor interest. The issue was oversubscribed 2.2 times, resulting in increasing the total issue size to 15 million euros. This marks the largest single bond issue ever carried out by a listed real estate developer in the Baltic stock exchange. The […]

Today is the last day to subscribe to Arco Vara bonds with an annual interest rate of 8.8%

The public bond offering of real estate developer Arco Vara, aimed at raising capital for the development of the Luther Quarter in the centre of Tallinn, closes on Friday at 16:00. The nominal value of each bond is 100 euros, with an annual interest rate of 8.8% and quarterly payments. According to Darja Bolšakova, CFO […]