East Capital Real Estate fund IV and Rimi Baltic, a part of ICA Gruppen, enter into an agreement whereby East Capital Real Estate acquires the modern 94,000 sq metres logistical and office center Rimi Baltic Distribution Center. This acquisition is 2023’s largest real estate transaction in Latvia and the largest in the Baltics for a logistics facility. The purchase price is on the 1 billion SEK level. Read more

East Capital Real Estate is developing the largest logistics and light industry park in Estonia. Future East Capital Park Rae – a 140,000-square-metre logistics and light industry centre – will be located on a 30-hectare land plot next to Tallinn. Read more

East Capital Real Estate has entered into an agreement with Swedbank AS, whose Jõhvi branch will become one of the anchor tenants in the newly renovated Tsentraal shopping and business centre. Swedbank will open its branch in the third quarter of next year. Read more

East Capital Real Estate Fund IV signed an agreement with real estate developer Hepsor for the acquisition of a modern last mile and stock office building, StokOfiss U30, located in Riga, with a total lettable area of 3642 square metres. This is the second of two acquisitions for the fund over the past two weeks. Read more

East Capital Real Estate Fund IV signed an agreement for the acquisition of two modern 10-storey office buildings, Duetto A and Duetto B, with a total lettable area of 17 260 square meters located in Vilnius, Lithuania. The transaction will be closed in early June 2023. Read more

MAXIMA supermarket opened its doors today in the newly renovated Tsentraal shopping and business centre in Jõhvi Read more

Leading coworking operator, Workland, with 14 coworking outlets in total in the Baltics, selects Galleria Riga as the site for its next, and largest, coworking space to date. This will make Galleria Riga the largest coworking hub in Latvia. Read more

East Capital Real Estate has entered into an agreement with the Maxima store chain, which will become one of the new anchor tenants of the Tsentraal shopping and business centre in Jõhvi. The grocery store will open early this summer. Read more