Baltic Sea Properties

M&A Activity • Jul 1, 2021

Baltic Sea Properties completes divestment of asset in Kursenai, Lithuania

Baltic Sea Properties completes divestment of asset in Kursenai, Lithuania

Oslo, 1st of July 2021 – Baltic Sea Properties AS ("BALT" or "the Company", and together with the Company's subsidiaries, "BSP") refers to Oslo Stock Exchange release and information on the 18th of June 2021, regarding the signed agreement to sell its retail property in Kursenai, Lithuania.

The transaction has been completed at a total sales price of MEUR 1.31, in

accordance with the Oslo Stock Exchange release on the 18th of June 2021.

For more information, please contact:

Lars Christian Berger

CEO

phone: +47 930 94 319

Lcb@balticsea.no

Baltic Sea Properties AS is a Norwegian real estate company focusing on

development and property management in the Baltics.

The company is one of the Baltics’ leading real estate investors and owns

approximately 115,000 m2 of Industrial, logistics & commercial projects in the Baltics with a current expansion possibility for a further 100,000 m2 primarily focused on industrial & logistics parks.

The information in this announcement is subject to disclosure requirements under the EU Market Abuse Regulation and Euronext Growth listing rules.