Helsinki-based Vicus Limited has closed the sale of a 13,400 m2 shopping centre in Narva, Estonia to local fund Eften.

Helsinki-based Vicus Limited has closed the sale of a 13,400 m2 shopping centre in Narva, Estonia to local fund Eften.

The financial details were not disclosed.

The shopping centre was developed by Vicus in 2009-2010. It is fully leased to AS Prisma Peremarket, a hypermarket operator and subsidiary of Finnish retail group S Group.

Vicus is a Finnish real estate investment and development company. It operates in the Baltic countries, Russia and Ukraine and invests in retail, office and logistics properties.