April 6, 2017 / 6:20 AM / 4 months ago

BRIEF-East Capital Explorer to acquire office property Vertas in Vilnius

1 Min Read

April 6 (Reuters) - EAST CAPITAL EXPLORER:

* Ecex to Acquire Office Property Vertas in Vilnius

* PROPERTY VERTAS IN VILNIUS MAY INITIALLY BE FINANCED BY 100% EQUITY

* Transaction Is Expected to Close During Summer.

* PURCHASE PRICE IS EUR 29 MILLION, CORRESPONDING TO A YIELD OF APPROXIMATELY 6.5% Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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