East Capital agrees first transaction for its Baltic Property Fund III cover image

East Capital agrees first transaction for its Baltic Property Fund III

East Capital Baltic Property Fund III (the "Fund”), managed by East Capital, today announces the signing of an agreement to acquire Vesse retail park in Tallinn. This is the first acquisition the Fund makes since its inception in August this year. The property covers 23,800 square metres and is located in Peterburi Road, a main artery in the eastern part of Tallinn. Vesse retail park is anchored by the flagship store of Bauhof, the largest “Do-it-yourself” chain in Estonia. Until the closing date of the agreement, the details of the transaction will remain confidential. Read more

East Capital launches Baltic Property Fund III

East Capital, a specialist in emerging and frontier markets, has announced the launch of the East Capital Baltic Property Fund III, which is the company’s third vehicle to target the real estate sector in the Baltic States since 2005. Read more