‘Smart Money 11/24’ investment evening highlighted Arco Vara’s future plans

Last week, Arco Vara hosted an investment evening titled ‘Smart Money 11/24’, focusing on the company’s development plans, opportunities and challenges in the real estate market, and the upcoming bond issue.

At the event, Arco Vara CEO Kristina Mustonen shared insights into the company’s contributions to real estate development and plans for the future. Over its more than 30-year history, Arco Vara has developed over 2,800 homes in Estonia and Bulgaria, with nearly 750 new residential units currently in the pipeline. “Arco Vara will primarily focus on Tallinn and Sofia, where we are creating living environments that bring value to both residents and the community,” said Mustonen.

Guest speaker Triinu Tapver, a macroanalyst at LHV, provided a comprehensive overview of real estate market trends, including apartment and construction price indexes and construction transaction statistics. Tapver also discussed the interest rate environment and offered advice on comparing bond issuances as an investor.

The presentations covered a wide range of topics, from challenges in the real estate market to client experience and the company’s financial indicators.

Project Manager Martin Proosa provided an overview of projects from the past two years and introduced the unique features and future plans for the Arcojärve development. Lauri Männiste, Head of Arco Tarc, spoke about opportunities and challenges in the construction sector, focusing on the quality and schedule of Arco Vara’s development projects. Marketing Manager Mariann Vendt presented Arco Vara’s new visual identity. “The rebranding symbolizes Arco Vara’s commitment to providing modern, sustainable, and people-first solutions that reflect the company’s core values,” Vendt explained during the event.

CFO Tiina Malm provided an overview of the company’s financial indicators and introduced the upcoming bond issue. In December, Arco Vara plans to issue unsecured bonds with a total value of up to 4 million euros, a 10% interest rate, and a two-year term. The funds will be used to support the company’s growth, particularly as equity financing for the Arcojärve development project.

The event concluded with remarks from Tarmo Sild, investor and Chairman of the Supervisory Board at Arco Vara. Sild shared his perspective on why he believes Arco Vara is a compelling investment opportunity.

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