VICUS LIMITED

DIVESTED INVESTMENTS

KOMODOR WAREHOUSE COMPLEX

Komodor is one of the first Class A warehouse complexes in Kiev, and widely acknowledged for its high technical quality and professional management. The warehouse complex is located along the Zhytomir Highway, the main traffic artery between Kiev and Western Europe.

Operational since 2008, the facility of 68,000 sqm is almost fully leased to strong international and local tenants, such as Oriflame, Tarkett and Eldorado. Komodor was a jointly developed project of Vicus (40 %), PPF Real Estate (40 %) and Quadrum (20 %).

LOCATION

Kiev, Ukraine

ANCHOR TENANTS

Oriflame, Tarkett, Eldorado

GLA

68,000 sqm

YEAR OF COMPLETION

2008

Komodor Warehouse Complex
Komodor Warehouse Complex

PRISMA HYPERMARKET

In Narva, Estonia, Vicus had a shopping centre constructed for the Estonian Prisma hypermarket chain, subsidiary of the Finnish SOK. The area of the shopping centre is more than 13,000 square meters. AS Oma Ehitaja acted as the constructor. The shopping centre was opened in the beginning of October 2010.

Vicus sold the property to an Estonian real estate investment fund in January 2013.

LOCATION

Narva, Estonia

GLA

13,000 sqm

YEAR OF COMPLETION

2010

Prisma Hypermarket
Prisma Hypermarket

BALTIC PORTFOLIO

In 2005-2006, Vicus developed a portfolio of three commercial properties in Estonia and Latvia. The properties, fully leased to DHL, K-rauta and Efore, were divested in the end of 2007 to a German real estate investment fund.

The value of the portfolio was enhanced by strong tenant quality and high standards of construction. The investment in the development of the portfolio was highly successful with the annual return on equity exceeding 100 %.

LOCATION

Estonia and Latvia

YEAR OF DIVESTING

2007

DHL Riga
DHL Riga
K-rauta Liepaja
K-rauta Liepaja
Efore Pärnu
Efore Pärnu

OPERA PASSAGE SHOPPING CENTER

Vicus invested in a project where a historical building was reconstructed into a shopping gallery in the centre of Lviv, Western Ukraine. Opera Passage shopping gallery with a GLA of 3 000 sqm opened in 2009. Vicus sold its share in the project to a Western investor in June 2009.

LOCATION

Lviv, Ukraine

YEAR OF DIVESTING

2009

LEASABLE AREA

3,000 sqm

Opera Passage Shopping Center
Opera Passage Shopping Center

OLINDA SITE

Vicus developed a shopping center project on the 3.1 ha site located in Pašilaičiai, Northwestern Vilnius, right next to the Vilnius Western Bypass, and sold it before construction phase to a local buyer in November 2016.

LOCATION

Vilnius, Lithuania

YEAR OF DIVESTING

2016

LEASABLE AREA

?