Koru Vinohradska and Stein2 area development projects with YIT are completed in Prague, the Czech Republic and in Bratislava, Slovakia. The value of the projects is approximately EUR 50 million.
YCE Housing I fund, managed by Vicus Capital Advisors, has completed its sixth investment. The fund invested in the residential development project Nuppu III in Bratislava, Slovakia.
Euromoney organizes annually a real estate survey in which real estate developers, advisors, financial institutions, investors and corporate end-users worldwide provide rating who's best at providing real estate products and services in their market.
YIT has sold housing projects in Bratislava, Slovakia and Vilnius, Lithuania to YCE Housing I fund which is managed by Vicus Capital Advisors Limited. The value of the projects in total is approximately EUR 25 million, and the sales are recorded in the third quarter of the year.
The awards ceremony of the "100 best office and shopping centers in Russia" took place in St. Petersburg in June 2017.
4Daily Mall, a joint project of NPFB/Trinfico, SRV and Vicus, was finally opened on 22 April in Mytischi, Moscow Region.
The architecture and convenience of 4Daily Mall was recognized by the Russian Council of Shopping Centers (RCSC) on 22 April.
YCE Housing I fund, managed by Vicus Capital Advisors, has completed its third investment.
Vicus Capital Advisors has established a new real estate investment fund YCE Housing I Ky together with YIT Construction, Etera Mutual Pension Insurance Company and a group of Finnish private investors. The new fund invests in YIT's residential development projects in the CEE countries.
4Daily Mall has signed a long-term anchor lease agreement with Miratorg, a Russian food retailer.