Arco Real Estate is an international company operating in three markets: Estonia, Latvia and Bulgaria. The parent company Arco Vara AS was established in Estonia in 1992 and is listed on the Tallinn NASDAQ OMX BALTIC stock exchange.
Arco Vara group is engaged in two areas: real estate development and services related to real estate. The Service comprise real estate brokerage, valuation, property management and consulting as well as short-term investments in residential real estate. As an added value, the service department provides the group with analytical data on market demand and supply as well as on behaviour of buyers.
The main activity of the development department is developing complete living environments and commercial real estate. We sell our finished housing solutions to end-consumers, thus getting direct feedback on our products. The purpose of developing commercial properties is creating a cash-flow-generating real estate object for strengthening our own cash flow or for resale. The group is also holding completed commercial properties that generate rental income.
Common goal for all Arco Vara companies is
1) to provide clients with trustworthy real estate services which are based on quality information and integrated real estate products of high value in use, being innovative at the same time;
2) to gain stable and high return on equity for the shareholders, which beats the competition in real estate
business and justifies investing and holding Arco Vara shares;
3) to create the best conditions for self-realization in real estate industry for the people working for the group.
Arco Vara group’s core values serving as a basis for all employees:
Partnership – our client is our partner
Reliability – we are reliable, open and honest
Professionalism – we deliver quality
Consideration – we value our clients as individuals
Responsibility – we keep our promises
Arco Vara companies are members of different real estate organizations: Association of Real Estate Companies of Estonia, Estonian Association of Appraisers, Latvian Real Estate Dealers Association, Latvian Association of Property Appraisers, International Real Estate Federation (FIABCI), National Association of Real Estate (NREA) in Bulgaria, Central European Real Estate Associations Network (CEREAN).