Since 2017
Investing in Grocery-Anchored, Retail Properties
Retail Property Fund is investing in grocery-anchored retail properties throughout the Baltic States.
The Fund has a portfolio of 22 properties with a total asset value of EUR 71 mln.
72% of the portfolio assets are located in capital cities of Tallinn and Riga.
Largest tenants: Rimi, Selver, Maxima, and MyFitness.
Kuressaare Maxima, Estonia
Neighbourhood shopping centre in Kuressaare’s historic old town
11 Rimi Grocery Stores, Latvia
11 grocery stores in Latvian regional towns with long leases
Shopping Centre, Tilta iela, Latvia
Shopping centre on Tilta iela 32 in Riga, anchored by Rimi
Rimi, Vienības gatve, Latvia
Rimi store on Vienības gatve 95 in Riga, renovated in 2013
Sillamäe Maxima, Estonia
Maxima in Sillamäe, conveniently located for local residents
Priisle Selver, Estonia
Selver supermarket on the ground floor of an 11-storey building
- Established: September 2017
- Fund term: 20 years (until 2037)
- Fund structure: Estonian limited partnership fund
- Investment term: ongoing
- Fund target size: €100 million
- Dividend pay-out: regular
- Open to new investors
- Fund manager: Lauri Henno
