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BRIEF-East Capital Explorer to acquire office property Vertas in Vilnius
April 6, 2017 / 6:20 AM / in 8 months

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

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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