AS Arco Balti Kinnisvaraportfell is a real estate investment company that acquires only cash flow generating property and current portfolio includes 11 objects. AVEC Asset Management AS is a joint venture of Arco Vara and East Capital. It has a management agreement with two companies: AS Arco Balti Kinnisvaraportfell with assets over 350 million kroons (22,4 million euros) and Explorer Property Fund - Baltic States AB with assets over 3 160 million kroons (202 million euros). Additional information: Heigo Metsoja Head of Investor Relations +372 6144 654 heigo.metsoja@arcovara.ee http://www.arcorealestate.com
Arco Balti Kinnisvaraportfell AS, managed by AVEC Asset Management AS, concluded a share issue in amount of 55,5 million kroons (3,55 million euros).
| Source: Arco Vara