News

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 […]

Arco Vara to launch a public bond offer with an annual interest rate of 8.8%

Real estate developer Arco Vara will launch a public bond offer tomorrow, providing investors with the opportunity to participate in the large-scale development of the Luther Quarter in the centre of Tallinn. The nominal value of each bond is 100 euros, with an annual interest rate of 8.8%, payable quarterly. According to Kristina Mustonen, CEO […]

Arco Vara to launch a public bond offer in September

Real estate developer Arco Vara plans to raise capital through a public bond issuance this September. The proceeds of the public offering will be directed towards the development of Arco Vara’s new project in Tallinn’s city centre – the Luther Quarter – while also broadening the company’s investor base. According to Kristina Mustonen, CEO of […]

Elari Tamm to become sales director of real estate developer Arco Vara

Tallinn Stock Exchange-listed real estate developer Arco Vara has appointed experienced real estate professional Elari Tamm as its new Sales Director. Until now, Tamm has been the Managing Partner of Arco Vara real estate agency, which operates under a franchise agreement. This is a newly created role at Arco Vara, established to support the company’s […]