The fund invests in cash-flow generating commercial properties with good potential for value growth in the Baltic countries. The fund focuses primarily on yield-based returns, and secondarily on value growth.
Primary targets are properties in capital cities.
Investment profile
Core-profile in capital cities
Investment advisor
East Capital Real Estate, a company domiciled in Estonia and fully owned by East Capital Group
Investment period
4 years
Term
8 + up to two years
Auditor
KPMG
Launch date
02 September 2015
Gross property value
EUR 245 120 000
Invested equity
EUR 89.1m
Redemption
No
Dividend
Minimum 4-6%
Structure
Closed-end fund structured as a Luxembourg SICAV-SIF SCA
ISIN
LU1274822847
More information
The fund is closed for investments.
For more information please contact Investor Relations: +46 8 505 88 555 or pro@eastcapital.com.
East Capital’s Real Estate Funds are directed at institutions and other professional investors only and are not UCITS-regulated public equity funds.
The fund is managed by a dedicated real estate advisory and research team with extensive experience from real estate investments and developments in the Baltic States, Russia, Ukraine and Western Europe. The team is based in Stockholm, Tallinn, Riga and Vilnius.
Madis Raidma
CEO East Capital Real Estate
Arūnas Gricius
Country Manager Lithuania
Aare Hommik
Construction Manager
Martin Otsa
Investment Manager | Management Board Member
Pille Rand
Sustainability & Research
Albin Rosengren
Partner & Head of East Capital Real Estate
Ulf Sigfridsson
Senior Advisor
Maris Smiltenieks
Country Manager Latvia
Indrek Tool
Asset Manager
Karin Olesk
Analyst
Dinu Tanasjevs
Asset Manager
Environmental responsibility and sustainable investment approaches to proactive property management are at the forefront of everything we do. We are committed to be a leader in our markets with a framework for proprietary ESG analysis and careful attention to health, environmental and energy-efficiency considerations.