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BPT Optima S.A., SICAR acquires VERTAS, part of Vilniaus Vartai

5 November 2007 Related to BPT Optima

Baltic Property Trust Optima S.A, SICAR has acquired the 15 storey 9800 sq.m. office property VERTAS, which is a significant part of the Vilniaus Vartai development. This business center is outstanding both in terms of quality and location, and serves as the main domicile for international tenants such as Citco, Cisco Systems, Eli Lilly, Nycomed, SAP and several government institutions, including the Ministry of Finance.

"Vilniaus vartai" is the first commercial and living luxury district in the Baltics and was officially opened on the 26th of October 2007. It embraces 37 luxurious boutiques, 3 restaurants, a lounge bar and the globally famous "Pacha" night club. "Vilniaus vartai" has been established with the vision of attracting fashion, style, modern art and quality leisure opportunities to Vilnius.

The Grand Opening ceremony of "Vilniaus vartai" was the largest private gathering that Vilnius has seen so far and it has been unofficially declared as the celebration of the decade. More than 1000 guests were invited including the Prime Minister of Lithuania, other government representatives, personalities from spheres of culture, art and fashion locally and from abroad.

The first part of the Grand Opening was offered as a present to the whole city of Vilnius. Approximately 50.000 people were watching the unique light performance created by Gert Hof, the worldwide famous German light artist. The show was featured by music created especially for this event by the most famous contemporary Lithuanian composer - Linas Rimša. The composition was performed by the National Symphonic Orchestra.

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