Earnings Release • Feb 21, 2022
Earnings Release
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Quarterly report (Q4) 2021 - Baltic Sea Properties AS
Quarterly report (Q4) 2021 - Baltic Sea Properties AS
Hereby attached follows the Company’s quarterly report per the 4th quarter of 2021.
In 2021, Baltic Sea Properties had a return on adjusted equity (NAV) of approx. +18% (in EUR, +21% including dividends distributed).
2021 was a year of restructuring and preparation of the company for the future, with both acquisitions and strategic divestments.
Entering 2022, the company has high growth ambitions and sees significant potential in increasing scale of the operations and further growth.
See further information in the attached report.
For more information, please contact:
Lars Christian Berger
CEO
phone: +47 930 94 319
The information in this announcement is subject to disclosure requirements under the EU Market Abuse Regulation and Euronext Growth listing rules.
Baltic Sea Properties AS is a Norwegian real estate company focusing on
development and property management in the Baltics. The company is among the
Baltics’ leading real estate investors and developers – owning a portfolio of
logistics, industrial and retail assets.
Company website: balticsea.no
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