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Sorainen Advises Vicus Capital Advisors on Sale of Shopping Center

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Sorainen Estonia has advised and represented a real estate investment fund managed by Vicus Capital Advisors in the sale of a newly developed single tenant shopping center in Tartu, the second biggest city in Estonia. 

Vicus Limited is a real estate development and investment company founded in May 2005. Vicus invests in real estate in Russia, Ukraine and the Baltic States.  The company is owned by a group of extremely financially solid Finnish investors.  The shareholders have committed to invest 75 million euros in the company. The rest of the investments will be financed with bank loans. Vicus's investment capacity including the bank financing is 300–400 million euros. Vicus co-operates on a case-by-case basis in planning, developing and constructing its real estate projects with development, construction project management and engineering companies with local expertise.

Vicus Capital Advisors is a real estate development and investment company founded in May 2005. Vicus invests in real estate in Russia, Ukraine, and the Baltic States.

The company is owned by a group of Finnish investors. The shareholders have committed to invest 75 million euros in the company. The rest of the investments are financed with bank loans. Vicus's investment capacity including the bank financing is 300–400 million euros.

In addition to transaction support Sorainen managed the LDD process and the sale was executed under an expedited schedule.