Management Presentation February, 2009 Real estate market overview 2008 Estonia
Founded in 1992 Integrated property developer, constructor and agent in the Baltic countries undergoing a SEE expansion with presence already established in Ukraine and Bulgaria Employs ca. 400 people in 5 countries Since listed on Tallinn Stock Exchange. Ticker “ARC1T” Services: brokerage, valuation, facility management, property advisory, environmental and civil construction, real estate development, facility and property management Arco Vara in profile
Real Estate market in Estonia Source: Colliers international
Residential: Transactions of apartments in Tallinn (source: National Land Board)
Sale offers of private houses and sales in Tallinn, (source: National Land Board, web database City24.ee)
Sale periods of apartments and private houses in Tallinn (months),
Changes in average transaction value in a year (apartments, EUR)
New apartments , building permits, pieces
Business premises: Average rental prices (net) of office spaces (EUR/m2/month), 2008 CityAB Tallinn Tartu Pärnu Rakvere Jõhvi, Narva Haapsalu Kuressaare75 Viljandi
Changes in the highest rental prices and in vacancy rates of office spaces in Tallinn Average vacancy rate The highest rental price
Building permit of office buildings, (I – III quarter), m2 (new buildings) Building permit (III Q) (county) (I-III Q) Total Harjumaa Tartumaa Pärnumaa Lääne -Virumaa Ida- Virumaa
Building permits of shopping centres and service buildings, (I – III quarter), m2 (new buildings) Building permit (III Q) (county) (I-III Q)Total Harjumaa Tartumaa Pärnumaa Lääne -Virumaa Ida -Virumaa
Average rental prices (net) of industrial spaces (EUR/m2/month) 2008 City (city)Class AClass B and C Tallinn 4.4 – Tartu – 3.1 Pärnu3.1 – – 2.5 Rakvere Jõhvi, Narva Haapsalu-0.7 – 3.8 Viljandi
Building permits of industrial spaces, (I – III Q), m2 (new buildings) Building permit, (III Q) (county) (I-III Q)Total Harjumaa Tartumaa Pärnumaa Lääne -Virumaa Ida -Virumaa
Thank You! Management Presentation February, 2009