East Capital Property Fund to Pay Special Dividend after Completing EUR 200m Investment Programme
East Capital’s third real estate fund will pay a special dividend as it starts to make regular income distributions since completing its 200 million-euro investment programme. East Capital Baltic Property Fund III’s Board has recommended starting to make regular 3% dividend payments twice a year, supplemented by a one-off payment equivalent to a 4.5% return on the capital committed by investors to the fund established in 2015. This follows the purchase last week of “Lidostas Parks,” a fully leased logistic park near\ \Riga International Airport, for around 19 million euros. Madis