VCA Baltic Retail Fund signs master lease agreement with Prisma in Estonia

03/02/2011

AS Prisma Peremarket, the Estonian subsidiary of the leading Finnish retail group S Group, will open its second Prisma hypermarket in Tartu in the spring of 2012. The hypermarket is located in the densely populated Annelinn district and will be developed by VCA Baltic Retail Fund managed by Vicus Capital Advisors.

The new 13,500 sqm retail center will include 8,400 sqm sales area for Prisma and parking area for 650 cars available for the customers. The design and construction works will be carried out by Oma Ehitaja.

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