Fund manager East Capital Real Estate has sold the Gospa hotel building in Kuressaare, with a total area of over 6,600 square metres. The hotel is located on the attractive Saaremaa island resort, near the harbour, the city park and the picturesque 13th century Bishop’s Castle. Read more

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 has sold the Mustamäe Keskus shopping centre in Tallinn. The property has been held by the East Capital Baltic Property Fund II since 2016. Read more

East Capital Real Estate Fund IV signed an agreement for acquisition of a newly developed 5-storey Naujasis Skansenas Ž business center, which will be completed by the end of this year. Read more

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