About Baltic Sea Properties

Baltic Sea Properties is a Norwegian real estate company investing in the Baltics.

Baltic Sea Properties is a Norwegian company focusing on commercial real estate in the Baltics. The company's operations is organised trough fully-owned subsidiaries which are all registered in Lithuania.

The company owns and manages about 130 000 square metres of  commercial property in the Baltics.


Quick facts

The portfolio consists of approx. 130.000 sqm commercial real estate, including:

The company also manages other investors' portfolios in the retail and office sector of Lithuania.

The Team - Board and Management

002A1724 final



Lars Christian Berger has more than 10 years of experience from finance and real estate management. He has worked as an asset manager for several real estate funds and managed apx. 300.000 sqm commercial property and development projects.

Lars has been the CEO of Baltic Sea Properties since November 2017, and holds a M.A. in Business & Finance from Heriot Watt University, Edinburgh. 


002A2099 final


MD - Local Operations

Sigitas Jautakis has more than 15 years of experience from the Baltic real estate market and has worked with transactions, tenant advisory, and property management. He was previously the  CEO of Newsec Asset & Property Management in the Baltics and has been the MD of BSP's Lithuanian operations since 2015.

Sigitas holds a M.Sc. in Production Economics and Leadership from the University of Vilnius.

Milda 1


Investment Manager

Milda Malinauskiene has over 13 years of experience working in the real estate sector and over 18 years in finance as a senior accountant, auditor and finance director in Lithuania, Ireland and UK. She has worked as a project co-ordinator and a chief accountant for a commercial real estate portfolio owned by Canadian Investment Fund, as an investment manager, which involved asset/property management, real estate development and finances for a fund management company.

Milda joined Baltic Sea Properties as an investment manager in May 2019.

She graduated in finance and accounting from Economic College, and took advanced studies in Griffith College, Dublin as an ACCA candidate.

Julija new


Head of Administration and Legal

Julija Nikitaraviciene is an attorney at law and has 15 years of experience in the fields of real estate transactions, corporate, M&A and financing. She is also an associate partner at Ellex Valiunas.

Julija is responsible for administration and daily operations of BSP group companies, including legal matters.

Julija holds a Master of Laws (LL.M) degree from the Vilnius University.

Inga 2


Chief Accountant

Inga Mockuviene has over 16 years of experience working in finances, 10 of them in real estate sector.

Inga has been responsible for accounting and finances of  Baltic Sea Properties in Lithuania since 2014. She joined the company as a Chief Accountant in June 2019.

Inga is educated in Biology and Ecology from Vilnius University.

Rita 2



Rita Matoniene has over 12 years of experience in accounting, 8 of them in real estate sector. Rita joined Baltic Sea Properties as an accountant in May 2019.

Rita studied accounting and finances. She is educated in Business Management from Vilnius Gediminas Technical University.

Gediminas 2


Technical Manager

Gedminas Klimas has more than 15 years of experience within technical management of buildings and construction projects. He previously worked for Newsec for 8 years as the leader of the department for technical maintenance, and had through this the responsibility for all property classes.

Gediminas is currently responsible for the technical management of BSP's portfolio and management clients, including construction management for all developments and maintenance of projects in Lithuania.

He is educated a Civil Engineer from the Vilnius Technological University.

002A2124 final


Executive Chairman of the Board

James Clarke has experience from leading roles in Lithuanian real estate companies (i.ea. Baltic Equity Group and Baltic Real-Estate Developments) and owns several logistics, shopping centres and business parks.

He holds an Executive MBA from Baltic Management Institute and B.Sc. in Construction Management from Waterford Institute of Technology. He is also educated within corporate governance for board members from Baltic Institute of Corporate Governance.

James has been a board member since  October 2017.

002A1997 final

Bjørn Bjøro

Board Member

Bjørn Bjøro has for more than 25 years been member of the congregation of Centralkirken's financial committee, managing more than NOK 125 million in equity.

He has also been a board member of Baltinor Property for many years, investing in industrial real estate in Lithuania.

He is board member of Eiendomskapital Buskerud AS, chairman of the board in Eiendomskapital Norge V AS and has had the project management responsibilities for upgrading these properties.

Bjørn has been a board member since May 2018.

002A1766 final


Board Member

John Afseth has long experience as chairman and board member from multiple companies admitted to trade on Merkur Market, Oslo Axess and Oslo Stock Exchange (e.g. Gentian Diagnostics, Aqua BioTechnology ASA and Simtronics ASA)

John is also board member of Emerging Europe Commercial Properties AS, another Norwegian real estate company in Lithuania.

He has been a board member of BSP since 2010, and holds a Ph.D. in microbiologics and pharmacology from the University of Oslo.

002A1930 final


Board Member

John D. Mosvold has extensive experience with real estate and shipping projects both in Norway and the Baltics, both as chairman of the board, board member and investor.

He has been active in the Baltics since the latter half of the 90's, and brings with him important knowledge both professionally and geographically.

John is educated from BI Norwegian Business School, and has been a board member of BSP since 2015.