Read full press release here

November is a month of change in BPT. We have launched our new brand including a new logo and a new website at www.bptam.com, and a new and shorter email extension @bptam.com.

In addition, both BPT Partner Services and BPT Asset Mangement will change physical address. From Monday the 23^rd of November we will be located at:

Christian IX's Gade 2, 2nd floor

1111 Copenhagen K

Please note that telephone and fax numbers remain unchanged. The old email addresses also still work.

We look forward to seeing you at our new premises.

Sincerely,

Bettina Knudsen

Investor Relations and Marketing Manager

Direct: +45 33 69 21 75

Email: bk@bptam.com

Finnish-based international developer YIT and BPT have signed a strategic partnership agreement focused on the emerging opportunities on the Russian real estate market.

For further information please read the full press release:

Press release in English

The convertible bonds have a maturity rate of 2 years. By then each bondholder will have the option to convert their bonds to shares (1:1) or claim repayment in cash under the condition that BPT Optima has the sufficient funds to meet the going concern principle.

For further information regarding this statement, please contact BPT Investor Relations:
Bettina Knudsen, Marketing & Communications Manager,
bk@balticpropertytrust.com, +45 33 69 21 75

Mikkel Krøyer, Head of Business Support,
mkr@balticpropertytrust.com, +45 33 69 21 70

Baltic Property Trust launches BPT Nordic Opportunity - a fund that will seize the opportunities and reap the benefits that arise from the current economic crisis.

BPT Nordic Opportunity will focus on acquisition of real estate stocks, which are traded at considerable discounts compared to the underlying portfolio values, and properties sold by investors who are forced out of the market at low price levels.

For further information please read the full press release:

Press release in English
Press release in German

Recently Henning Kruse Pedersen became involved with the financial rescue package from the Danish Government by accepting the position as chairman of the board in the Danish Winding-Up Company for Guarantee of Finance Stability A/S and is furthermore elected as chairman of the board in Roskilde Bank. The above mentioned positions may potentially provide conflicts of interests in relation to the new BPT product,

Søren Johansen, who is the managing partner in the Danish law firm, Kromann Reumert, has until now held the position as deputy chairman in BPT Asset Management A/S. Therefore this change will have no impact on the BPT Asset Management A/S strategy and by appointing Søren Johansen the new chairman of the board, the continuity is also preserved.

At the same time the board of directors and the company take the opportunity to express sincere thanks to Henning Kruse Pedersen for the great commitment and hard work that he has provided to the company.

The board of directors is now composed of Søren Johansen (Chairman), Finn Moefelt (Deputy Chairman) and Lars Ohnemus (Board Member).

As to any further information, please contact Marketing & Communications Manager Bettina Knudsen at phone 28 14 59 33 or e-mail bk@balticpropertyrtrust.com.

Press release in Danish

Subsequently, as of today the investment company license granted to the subsidiary BPT Asset Management Fondsmæglerselskab A/S has been terminated by BPT Asset Management. The company will continue as a member of the BPT group dedicated to marketing of the BPT funds and product development under the new name BPT Partner Services A/S.

For further information, please contact CEO of BPT Partner Services A/S, Lars Ohnemus, phone +45 33 69 07 33, lo@balticpropertytrust,com.

Effective as of today the Board of Directors has decided to appoint COO Mikael Hyttel Runegaard Thomsen as new CEO of BPT Asset Management A/S. The new organisational structure will be centred around two core units: asset management and fund management.

Asset Management and Fund Management
Mikael Hyttel Runegaard Thomsen will be in charge of asset management activities of current funds, which will consist of two core components: fund management and fund administration.

Head of the new fund management unit is Andrea Jost. She will be responsible for the optimization and consolidation of all group level fund management activities in close cooperation with the boards and fund managers of the respective BPT funds. Additionally Andrea Jost will remain the fund manager of BPT Hansa as well as Country Director for Germany.

Head of the new fund administration unit is CFO Lina Malisauskaite. Her new responsibility will be to conduct the effective administration of all the BPT funds across the group. This includes financing, reporting, third-party administration and capital calls administration.

HR Manager Allan Bjerre is also a member of the new group management team.

Investor Relations & Business Development
A second unit (a separate legal entity) will handle fund raising, investor relations and business development. This unit will be headed by Lars Ohnemus as the managing director in a new and more focused role.

Stig Mølsted-Møller who has previously been in charge of investor relations and fund raising has decided to leave BPT as a consequence of this restructuring.

Cross-border synergies and strong local ties
The overall aim of the restructuring is to consolidate the organisation by intensifying the focus on the core business: effective real estate asset management. Chairman of the Board, Henning Kruse Pedersen, explains:

"The strength of BPT lies in the strong local presence and dedication of our employees. With the new organisation, we will intensify our focus and optimize the cross-border synergies while still keeping our unique local ties in the Baltic countries, Poland, Russia and Germany."

For further information regarding this message, please contact:
Marketing & Communications Manager Bettina Knudsen
Phone +45 28 14 59 33,
bk@balticpropertytrust.com.

Baltic Property Trust is the proud winner of the following categories in the 2008 Liquid Real Estate Awards:

1st Estonia - Property management
1st Estonia - Investment management
1st Lithuania - Investment management
2nd Latvia - Investment management

"These awards are the "Oscars" of our trade, and competion for them is extremely tough. 2008 has been an increasingly though business environment, and we are currently in the process of implementing a range of long-term partnerships and product offerings that will strengthen the business further and increase our performance in the Baltic Sea Region. We are very honoured that practitioners in the business recognise us for our dedication, competencies and way of doing business;" says founder of the Baltic Property Trust Group, Lars Ohnemus.

The annual selection of the winners of Liquid Real Estate Awards is based on surveys and assessments of real estate firms' performance and achievements over the past 12 months. Respondents include senior real estate advisors, bankers, developers and investors in Europe, Asia, the Gulf and North America. The awards cover real estate practitioners in more than 50 countries.

For further information about BPT and Liquid Real Estate Awards, please contact:

Michael Olinger
Marketing Associate
Baltic Property Trust Asset Management
Phone: +45 33 69 07 33
Email: mo@balticpropertytrust.com