PropertyEU

East Capital closes large Baltic property deal

By A staff reporter 2012-05-25T00:00:00

East Capital has completed the acquisition of a 40,000 m[sup]2[/sup] warehouse park in the Estonian capital Tallinn. The Stockholm-based asset manager said the investment volume of EUR 24 mln reflects a property yield of above 9% and that the deal is the largest in the Baltics so far this year.

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