East Capital Real Estate Fund IV acquires newly built and modern Office building in Vilnius central business district
East Capital Real Estate Fund IV signed an agreement for acquisition of a newly developed 5-storey Naujasis Skansenas Ž business center, which will be completed by the end of this year.The business center has 7550 m2 of lettable area and is located in the rapidly developing and expanding part of Vilnius central business district – the "New Skansenas" quarter. The property is already 70% leased. DevBridge, the US programming services company and one of the top 10 IT/technology sector companies in Lithuania, became the first and largest tenant of the project. The commercial premises on the