NEWS

4Daily Mall, a joint project of NPFB/Trinfico, SRV and Vicus, was finally opened on 22 April in Mytischi, Moscow Region.

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.

Vicus Capital Advisors acted as the seller's advisor in the sale of majority shares of AE Projekti Insener OÜ, a leading construction management and supervision company in the Baltic countries to BPT Real Estate AS.

VCA Baltic Retail Fund has divested a hypermarket property in Tartu to the Russian and Baltics Retail Properties, a real estate investment fund managed by SOK Fund Management. The property with a GLA of 13,700 sqm was developed by the fund in 2010-2012 for Prisma Peremarket, a subsidiary of the leading Finnish retail group S Group.