Arco Vara is expanding its development activities in

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A subsidiary of Arco Vara, Kodulahe OÜ, gained a state land public sale at Lammi road 6, Merimetsa, Kodulahe quarter.

The measurement of the land plot is 14,553 m2 and the anticipated GBA is 17,000 m2 above floor. The estimated funding for the venture is 45 million euros. In 2022, making ready the detailed plan of the land plot will start.

Miko Niinemäe, CEO of Arco Vara AS, “The Kodulahe development is no longer a few houses in Haabersti, but a residential quarter developed in larger scale by Arco Vara. Kodulahe is a unique area in Tallinn, where the sea, forest and beach are in the palm of residents’ hand. We continue to offer rest of the city noise, close to the city center and with high quality.”

Tiina Malm
CFO
Arco Vara AS
Tel: +372 614 4630
[email protected]



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