Correction: The consolidated cash flow statement and related figures have been corrected. The Estonian real estate market in Q3 2025 saw stable activity with a slight increase in apartment prices. Arco Vara’s first public bond offering was oversubscribed, funding the Luther Quarter development. Sales were strong in various projects, with plans for future growth.

Key performance indicators show Arco Vara’s sales revenue increased to EUR 5,624 thousand in the first nine months of 2025. The company sold 25 apartments in Q3 2025 and had a net profit of EUR 214 thousand. Assets doubled, mainly due to new projects like the Luther Quarter. Net debt also increased due to acquisitions and bond issuances.

Financial statements show a total revenue of EUR 5,624 thousand in Q3 2025 and a net profit of EUR 214 thousand. The consolidated statement of financial position indicates total assets of EUR 93,933 thousand and total equity of EUR 37,402 thousand. Arco Vara remains focused on development projects in Estonia for sustainable growth and efficiency.

Read more at GlobeNewswire: INTERIM REPORT FOR THE THIRD QUARTER OF 2025