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.
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