East Capital Real Estate acquired logistics complex in Vilnius, Lithuania - Land.Net News
East Capital Real Estate’s latest fund, East Capital Real Estate IV, announces the acquisition of Jankiskiu 52 Center, a “last mile” modern logistics, distribution, and light industry center located in a suburb of Vilnius, Lithuania. The transaction marks the first Lithuanian acquisition by the fund, which recently bought SEB Estonian headquarter in Tallinn and targets EUR 400-500 million in total fund size.
The asset is a recently built, modern logistics, light industry, and distribution facility with a total leasable area of approximately 13,000 square meters. It is located at Jankiskiu str. 52/52, only 15 minutes away from Vilnius city center and with excellent access to Vilnius Western bypass and Vilnius-Klaipeda A1 highway.
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