Baltic Sea Properties

Regulatory Filings • Jun 18, 2021

Baltic Sea Properties signs binding agreement to sell retail property in Kursenai, Lithuania

Baltic Sea Properties signs binding agreement to sell retail property in Kursenai, Lithuania

Oslo, 18th of June 2021 – Baltic Sea Properties AS ("BALT" or "the Company", and together with the Company's subsidiaries, "BSP") has signed a binding agreement to sell its retail property in Kursenai, Lithuania, which is leased by Maxima.

The agreed sales price is MEUR 1.31, which is EUR 87 950 lower than the Company’s last valuation of the property. Final settlement and closing of the transaction is expected by the 30th 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 120,000 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