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Tuesday, 23.04.2024, 12:18
BaltCap acquires Baltic realty investment management firm
BC, Riga, 26.08.2015.
Print version
Print version"BaltCap Private Equity Fund II" has pushed through acquisition of the realty investment management firm BPT Real Estate, which operates in all three Baltic States and Poland, informs LETA.
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BPT was sold by Northern Horizon Capital.
BPT, with property numbering over 150 and square meters totaling 1,000,000, is one of the largest companies in its field in the region.
BaltCap Investment Director Sarunas Alekna points out that BPT Real Estate is among the well-known brands in the region, and that BaltCap has "chosen to invest in a qualified professional team that offers top quality services."
Alekna underlines that the "real estate market in the Baltic States is becoming more and more akin to the markets of developed nations."
«The Baltic Course» Is Sold and Stays in Business!
