Baltic Property Trust's closed-end real estate fund Optima has acquired an office building located in the centre of Tallinn, Estonia, for an undisclosed amount. The property, which is known as the Marat building, is set to undergo a façade renovation, as well as the addition of two floors and a new parking lot. The property has a gross area of 21,000 m[sup]2[/sup] and is fully leased.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
