Fenar Logistics
The Fenar logistics property is a brilliant example of another sale-leaseback transaction, completed by BPT. The two newly built warehouse properties are located right behind the BPT Optima owned Vesse Retail Center (Tööstuspark) in the Lasnamäe district in Tallinn. The properties are situated about 5 km from the city center on the Peterburi road, which is the arterial road connecting Tallinn and Narva (third largest city of Estonia) and St. Petersburg, Russia.
Property facts
| Location | Peterburi road 64C, 64D 114 15 Tallinn Estonia |
| Acquired by BPT | October 12th 2007 |
| BPT Fund | BPT Secura |
| Segment | Distribution |
| Managed by | BPT Estonia |
| Key tenants | OÜ Fenar |
| BPT contact | Kadri Heinola kh@balticpropertytrust.com |
Specifications
| Gross area | 6,488 sq. m. |
| Total rentable space | 6,488 sq. m. |
| Land | 10,400 sq. m. |
| Year of construction | 2007 |
| Number of floors | 3 |
| Parking | 100 spaces |