Major end-of-year transaction in 2021 on the Baltic real estate market – East Capital Real Estate has signed an agreement for the sale of three properties

In December 2021, East Capital Real Estate signed an agreement for the sale of three properties located in Tallinn, Estonia and the surrounding area: the J13 Logistics Park, the Rimi Logistics Park, and the Metro Plaza Office Building. The total gross leasable area of the buildings is 66,000 square metres. The buyer of the assets is OÜ Neoinvesteeringud. Read more
East Capital Real Estate acquires last-mile distribution center fully leased to regional e-commerce leader Pigu in Vilnius, Lithuania cover image

East Capital Real Estate acquires last-mile distribution center fully leased to regional e-commerce leader Pigu in Vilnius, Lithuania

East Capital Real Estate’s latest fund, East Capital Real Estate IV, announces its acquisition of a last mile distribution center in Vilnius, Lithuania, which is fully leased to the regional e-commerce leader Pigu, part of PHH Group. The transaction marks the second Lithuanian acquisition and the fourth acquisition by the fund. The fund holds Tallinn SEB HQ and VIA 3L logistics hub in Tallinn, Estonia as well as a last mile logistics and distribution facility in Vilnius, Lithuania, and targets at least EUR 400 million in total fund size. Read more