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Press releases
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Press release 2012-02-01
Taking advantage of the potential in the Baltic real estate market, East Capital is launching its second Baltic Property Fund. In connection with the fund’s inception a modern logistics centre in Tallinn has been purchased. This transaction is one of the largest in the Baltics since 2010.
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Press release 2012-01-12
The East Capital Financials Fund has agreed to sell its 18.8% stake in Krasnoyarsk-based Bank Kedr to a Russian leasing company Ekstroleasing, which is part of a Russian financial group. The Fund acquired the shares in November 2006. The agreed terms imply 46.3% cash on cash return including dividend income. The transaction is expected to be completed by end of June 2012.
