History

2001

Baltic Property Trust is established as a group in Copenhagen and becomes the first institutional real estate investor in the Baltic States. The first Fund, BPT with an investment capacity of EUR 25 million, is established with help from a group of institutional and private investors, including the Danish Government Investment Fund for Eastern Europe.

2002 - 2003

Own offices are set up in the Baltic capitals Vilnius, Riga and Tallinn. The second fund, BPT Secura with a total investment capacity of EUR 100 million, is established primarily with investors from the Nordic and Baltic pension funds.

All asset management activities are separated from BPT A/S and acquired by the executive partners, forming BPT Asset Management A/S. The vision is to become one of the leading asset managers in real estate around the Baltic Sea Region.

Total assets under management reach EUR 50.8 million.

2004-2005

Launch of BPT Optima with a total investment capacity of EUR 667 million. 50% of the assets are located to the Baltics and 50% are to be invested in Poland. In parallel, BPT Asset Management establishes local teams and offices in Warsaw and Gdansk.

BPT initiates the set up of an indirect real estate investment fund, BPT Nordic Real Estate, investing in listed real estate companies in the Nordic countries. The fund is listed on the Nasdaq OMX Nordic Exchange. BPT launches the BPT Nordic Index. The index tracks the leading Nordic real estate companies listed on the Nordic exchange.

Total assets under management reach EUR 256.4 million.

2006-2007

The Russian fund, BPT Arista, is launched and a dedicated Russian team is established with headquarters in Moscow and representatives in St Petersburg.

The first fund, BPT, is exited with a total return of 194.5% to the initial investors.

Preparations for a fund focused on Northern Germany are made and BPT Asset Management A/S establishes a team and office in Berlin.

Total assets under management reach EUR 700.8 million.

2008

The fund for Northern Germany, BPT Hansa, is launched.

A new concept of investment in farmland as an asset class for institutional investors is established.

Focus is on adding value to existing buildings through optimization of efficiency and pro-active management of tenants.

Total assets under management reach EUR 901.4 million.

2009

Another fund, BPT Baltic Opportunity, is initiated focusing solely on the Baltic States and with an intention to use the unique market timing to acquire core-plus assets

Baltic Property Trust changes logo effectively abbreviating the brand name to BPT.