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EBRD INVESTS €30 MILLION IN BALTIC GREEN PROPERTY FUND

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Published on: 16-05-2019 Back

    *EBRD invests €30 million in Usaldusfond EfTEN Real Estate Fund 4

 

    *Fund to support investment in sustainable measures across the Baltic states
 
    *First property fund in the region to include climate considerations in its investments
 
  The EBRD is supporting the growth of the first green property fund in the Baltic states with a €30 million   equity investment in Usaldusfond EfTEN Real Estate Fund 4. The fund is the first in the region to adopt   climate priorities and green objectives as integral aspects of its operational mandate.
 
  The investment was signed today in Vilnius by Viljar Arakas, CEO of EfTEN Capital, and Vlaho Kojakovic, EBRD Director, Property and Tourism.
 
Usaldusfond EfTEN Real Estate Fund 4 was founded in October 2018 to invest in commercial properties across Estonia, Latvia and Lithuania. The fund primarily invests in office, retail and logistic facilities across the Baltic states. The private real estate equity fund was established in Estonia and is fully controlled by EfTEN Capital, the largest real estate fund manager in the Baltic states.
 
For more info click here
 
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