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

Jun 18 2021

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.