News
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 […]
Real estate developer Arco Vara earned 3.1 million euros in revenue in the first half of 2025, launched construction works in two developments, and expanded its portfolio with the acquisition of Luther Quarter in the heart of Tallinn. “The second quarter of 2025 marked a continuation of the cautious yet gradual recovery in the real […]
Real estate developer Arco Vara has announced its intention to exit the Bulgarian market in order to focus more strongly on its core market in Estonia. The company has initiated a strategic withdrawal process. According to Kristina Mustonen, CEO of Arco Vara, this is a forward-looking step that allows the company to concentrate its resources […]
Arco Vara received the building permit for the second-to-last phase of the Kodulahe residential quarter, located near Stroomi Beach at the Soodi 6 property. Construction began at the end of June. The main goal of the new development is to create a diverse living environment suitable for people of all ages, combining sustainable architecture, green […]
Arco Vara, the real-estate developer focused on integrated living environments and recent acquirer of the Luther Quarter in central Tallinn, has appointed long-standing Supervisory Board member and shareholder Kert Keskpaik as the new Chairman of the Supervisory Board According to former Chairman Tarmo Sild, Arco Vara has evolved over the past 13 years from an […]
Construction has started on Arco Vara’s latest residential development in the Kristiine district of Tallinn. By the end of 2026, two four-story apartment buildings will be completed on Spordi street, built by Arco Vara’s subsidiary Arco Tarc. “Our project on Spordi street is more than just a set of new homes – it’s a new […]
The annual general meeting of shareholders of the real estate developer Arco Vara was held on Thursday, during which the 2024 annual report, dividend policy, and a new share issue were approved. The meeting was attended by shareholders representing 74.6% of the total voting rights. According to the decision of the general meeting, Arco Vara […]
Real estate developer Arco Vara has signed an agreement to acquire the Luther Quarter and will begin developing the long-anticipated project in Tallinn’s city centre. The former industrial site will be transformed into a modern and pedestrian-friendly urban space that combines residential homes, office buildings, and leisure areas. The total investment will exceed 200 million […]