News

22May

The premium and accessible fashion brand, & Other Stories opens its first ever Baltic Store in the shopping center Galleria Riga, in Riga, Latvia

& Other Stories the well acclaimed high fashion brand will open 740sqm this Autumn in the heart of Riga, in the newly repositioned lifestyle and boutique galleria – Galleria Riga. When the Riga market is getting a total …

02Nov

BPT advised the sales transaction of Kadrioru Business Centre in Tallinn.

BPT advised Pirita Tee Development OÜ on the sales transaction of the Kadrioru Business Centre – one of the largest commercial real estate transactions in Estonia this year. Kadrioru Business Center, located on the Narva Road, is a …

25Jul

BPT brokerage team to represent Liimi Stock-Office

Our brokerage team is proud to announce that it has signed a contract with U.S.Invest AS to represent the developer in finding the suitable tenants for a brand new stock-office situated near Mustamäe tee, Tallinn. The construction works …

10Jul

Transaction advisory for BIG Klaipeda shopping centre

Our Lithuanian team has recently advised Laurus S. à r.l., managed by Northern Horizon on the largest commercial real estate transaction to date in Klaipeda, Lithuania – the sales transaction of BIG Klaipeda shopping centre. The property was …

27Jun

BPT to manage Mustamäe Keskus

We are happy to announce that the management of shopping and entretainment centre Mustamäe Keskus has been passed over to the hands of BPT, until the current manager returns from parental leave. The daily management, administration and tenant …

25Apr

New Head of Brokerage in BPT Estonia

We are pleased to announce that Urmo, who has ensured the high quality and development of our commercial real estate brokerage service since 2016, is now officially the Head of Brokerage at BPT Estonia. To celebrate this occasion, …

08Mar

BPT transaction advisory team at MIPIM

Next week our Baltic transaction advisory team will be heading to South France to attend a world´s leading property events of the year – MIPIM 2018! Our team will be available to share their insights on commercial real …

07Dec

BPT reception, 30.11.17

One week ago, after Nordic Real Estate Forum, we welcomed our good friends and partners at WorkLand Tallinn. We are very thankful to all our guests whose pleasant company made it possible to spend together a lively evening …

08Nov

BPT Morning Seminar 2017

Last Thursday we were once again happy to host our clients and cooperation partners at a morning seminar to discuss the trending topics in commercial real estate. The event took place at Luther Machinery Hall – a unique …

18Oct

Nordic Real Estate Forum 2017

For 15 years Estonian real estate associations have organized the largest real estate conference in the Baltic States. Since its inception, more than 4 000 participants and over 450 speakers from 15+ countries have attended the annual real …

03Oct

Endla Business Center – a bright future for the stagnant office space market

The renovation works, which began on the Endla 16 commercial building in May, will be completed this autumn – a high-quality office building, with a good location and reasonable price level, will be brought to market. The great …

16Aug

Flora Maja C-building added to BPT’s brokerage portfolio

Our brokerage team in Tallinn is proud to announce that BPT has signed a contract with Lumi Capital and another newly developed office building, Flora Maja C-building, has been added to our portfolio. One of the main advantages …

02Aug

One of the largest solar power station in Tallinn to be built on the roof of Piirita Keskus

Construction works of a solar power station on the roof of Piirita Keskus, managed by BPT since the beginning of 2017, are due to begin. At the time of its completion, it will become one of the largest …

12Jul

A unique opportunity to take a sneak peek into Noblessner seafront premises

Next Saturday, on the 15th of July, Noblessner seafront area will be joining the celebrations of Tallinn Maritime Days inviting everybody along to enjoy good music and food. With the help of Intsikurmu, the festival of good music …

21Jun

100% occupancy achieved in Korso, shopping and entertainment centre in Jurmala

With great pleasure, we would like to share good news about the opening of the fully leased shopping and entertainment Galleria Korso in Jurmala which took place last Thursday, on 15 June. It was hard work for almost …

13Jun

Productive month for transaction advisory team

  Our transaction advisory team led by Mihkel Pärtel, has had an extremely productive spring. Within the last month, BPT has advised on three large-scale commercial real estate transactions, of which you can have a more detailed overview …

19May

BPT contributing to the creation of a unique seafront area of Tallinn

Over the next few years, the Noblessner industrial area, located on the territory of the historic submarine factory in Tallinn, will be transformed into an integral life, business, and leisure environment that is open to the sea. BPT …

15May

BPT Real Estate took over the management of SEB bank’s buildings

Our experienced commercial real estate management team has recently taken over the management of portfolio composed of SEB bank buildings belonging to Laurus s.a.r.l., a joint venture of Northern Horizon and Partners Group. The portfolio includes the headquarters …

03May

BPT was honored to advise one of the biggest commercial real estate transactions in Estonia this year!

Colonna has acquired an A-class office building in the heart of Tallinn (Hobujaama 4), where among others are currently operating Nordea Bank, Kredex and NG Invest. Furthermore, Estonia´s first WorkLand – a fully serviced business center has recently …

26Apr

BPT Real Estate retail property management service to increase the value of Piirita Keskus

Our experienced property management team in Tallinn has recently started working on something exciting: Piirita  Keskus – newly reconstructed landmark building opened as a community center situated near the sea by Merivälja tee. After many years, during which …

12Dec

WorkLand Full Service Business Centre in Tallinn now open!

We are happy to announce that WorkLand is now present in all Baltic capitals with its newest business center in Tallinn, providing support and services to clients across the region. WorkLand, created in 2016 as part of BPT Real Estate …

17Oct

Coca Cola Plaza Cinema Complex soon to look different!

Coca Cola Plaza Cinema Complex (Tallinn) and its surroundings will soon receive a new look and functionalities becoming more pedestrian friendly and visually attractive. We are proud to support Baltic Horizon Fund for this purpose with our Development Project Management …

11Oct

BPT Real Estate celebrates 15th anniversary!

Last month BPT´s teams from all countries got together in Liepāja, a beautiful Latvian city located on the Baltic Sea, to celebrate its 15th anniversary. During the long day we had prepared several educating and amusing activities which allowed everybody …

06Oct

Morning seminar “Commercial Real Estate Market in the Baltics”

We are pleased to announce that the first commercial real estate seminar held in cooperation between BPT Real Estate (BPT) and Cobalt Legal was a success. The event took place at the Nordic Hotel Tallinn on Friday, 30 …

23Aug

BPT Real Estate takes over the management of Galleria Riga shopping centre

  It is our great pleasure to announce that we have now signed a co-operation agreement with Patollo, SIA, a Latvian RE developer, concerning property management and letting services for shopping centre Galleria Riga. The shopping centre opened …

14Jul

G4S headquarters office in Tallinn now managed by BPT Real Estate

Our team is proud to welcome G4S Headquarters (Tallinn) with its unique location and sophisticated design to our property management portfolio. Following a successful capital raising Baltic Horizon has closed and taken over G4S Headquarters in Tallinn just …

06Jul

Baltic Horizon Fund now listed on Nasdaq

We are happy to share some exciting news! Baltic Horizon Fund, managed by our partner Northern Horizon Capital, is now listed on Nasdaq. That makes Baltic Horizon Fund the first real estate fund noted on Tallinn stock exchange. …

02May

WorkLand Vilnius

We are happy to announce that Workland opened its first newly branded center in Vilnius on April 12.  The new center have almost 2000 sqm of office space, which is completely managed and serviced by WorkLand, giving the …

15Feb

The energy efficiency of commercial buildings should be taken under spotlight

The industrial and commercial-service companies consume more than 40% of the total energy in Estonia. Much higher energy saving can be achieved just in these sectors in the future than in case of houses. The government and Riigikogu …

11Dec

Re-opening of DEGLAVA 110 RIMI

After 12 months of architectural planning and 5 months of on-site works Deglava RIMI has revived from ashes with the re-opening on 1 December. Sizeable reconstruction was performed in the whole building and adjacent territory including complete replacement …

26Nov

Property manager is a visit card of the property owner

The Lessee often identifies the manager of property with its owner, thus the responsibility of the property manager is of larger scope than can be first guessed. Poorly provided property management service means a direct impact on the …

20Nov

MICHAEL KORS open first store in Vilnius

BPT Real Estate Lithuania is pleased to announce the opening of its first Michael Kors Lifestyle store in Vilnius. Michael Kors is a rapidly growing global luxury lifestyle brand led by a world-class management team and a renowned, …

26Aug

Northern Horizon Capital sells BPT Real Estate to BaltCap

In a transaction signed on 13 August 2015, Northern Horizon Capital A/S will sell its property management subsidiary BPT Real Estate AS to a private equity fund managed by BaltCap. The transaction is subject to approval by competition …

10Jul

BPT Real Estate SIA signed property management agreement for two regional centers

BPT Real Estate SIA has signed agreement for property management of two regional shopping centers in Latvia: RAIBAIS SUNS in Sigulda (3’069 sqm) and LIIBA in Kekava (7’419 sqm). Both are anchored by local food retailer ELVI. RAIBAIS …

30Jun

BPT Real Estate team has signed long term lease agreement with SPORTS DIRECT in OLIMPIA

The very first Sports Direct shop in Latvia will be opened on the ground floor of the shopping centre Olimpia at the beginning of August. It will offer a wide range of sports brands at available prices. The shop of …

17Jun

In a renewed SC BIG a new food operator Rimi Hypermarket was opened yesterday in Klaipeda

A full implementation of the project, all reconstruction and construction works from start to finish was organised and fully managed by BPT team lead by Darius Urbonas.  The reconstruction works were carried out over 2 months, without interfering …

28May

BPT Real Estate AS has acquired majority shares in company AE Projekti Insener OÜ

BPT Real Estate AS has acquired majority shares in company AE Projekti Insener OÜ. Our strategy is to grow and develop, both in new countries and also very importantly proceed the business development in our core market, Baltic …

26Mar

BPT opened a new office in Gdansk, Poland

We hereby gladly announce that BPT Real Estate has opened a new office in Gdansk with 4 employees starting from February 2015. We will be focusing on daily management of Gdansk Shipyard Young City project with a strategic …

04Mar

A new infrastructure renewal project

BPT Real Estate successfully managed EUR 700 000 infrastructure renewal project in Kaunas. BPT Real Estate has managed an implementation project of a partial reconstruction of the main street leading to shopping centre MOLAS. Additional car parking area …

05Feb

BPT Real Estate signed a property management agreement for a Baltics and Poland real estate portfolio with a size of EUR 163 million

The portfolio includes seven well-known office and retail properties in Tallinn, Riga, Vilnius, Kaunas and Klaipeda, totalling approx. 112,000 sqm of lettable space, as well as the large Young City urban regeneration site on the Gdansk waterfront, including …

05Feb

BPT completed fit-out of 1,800 m2 for Information System Authority

BPT Real Estate who represents the building owner and Estonian Information System Authority (RIA) signed a strategic long-term lease of close to 1, 800 m2 office space in Tallinn, Pärnu mnt. 139A. It is the second substantial rental agreement …

03Oct

BPT Real Estate developed 1,600 m2 of office space for Bang & Olufsen LLC.

BPT Real Estate who represents the building owner and the exclusive Danish audio-video manufacturer Bang & Olufsen Ltd. signed a strategic long-term lease of 1,600 m2  office space in Tallinn, Pärnu mnt. 139A. In the opinion of Indrek …

12Sep

“BPT Real Estate” is awarded as the best real estate investment manager in Latvia

Received recognition in real estate investment management category was obtained by collecting feedback from “BPT Real Estate” customers, real estate developers, brokers, consultants, banks and business partners. The result proves that BPT is highly appreciated and has chosen …

19May

BC VERTAS is the first building certified BREEAM In-Use assessment in the Baltic States.

We gladly announce that BC VERTAS is the first building certified BREEAM In-Use assessment in the Baltic States. The scoring system has rated the business centre as a “very good” in the fields of asset and building management. …

21Apr

BPT has prolonged Delfi media group lease agreement in BC VERTAS

BPT has prolonged Delfi media group lease agreement with expanded premises and a new location on the ground floor in BC VERTAS. Delfi news portal has been a client for BPT since May 2007 under the lease agreement …

10Apr

BPT has created a new strategic direction of shopping centre Europa, Vilnius

In 2009, Shopping Centre Europa adopted a new strategic direction, whereas a key integral component was the attraction of new international and unique brands and to build an exceptional centre concept. This strategy was developed by BPT. Up to …

09Apr

BPT signed a Property Management agreement with DNB Bank Polska S.A.

BPT entered into Asset and Property Management agreement with DNB Bank Polska S.A. to manage 3 of their office buildings in Warsaw central business district with a size of 22’000 sqm. BPT will be responsible for all tenant …

18Mar

BPT Real Estate participated at the 25th Annual MIPIM

BPT Real Estate participated at the 25th Annual MIPIM event which took place at Cannes on March 11-13 2014. MIPIM, the world’s property market, brings together the most influential players from all international property sectors – office, residential, …

25Feb

BPT renames itself Northern Horizon Capital

BPT Asset Management announced today the rebranding of its investment management business – the group’s asset and property management division will continue under the BPT brand. One of the leading real estate investment managers in Northern Europe, the …

10Dec

BPT awarded as the best investment manager in Lithuania and Latvia

BPT has been voted as the best investment manager in Lithuania and Latvia in the investor survey conducted by Euromoney, an international business and finance magazine. The survey was conducted from 7th March until 4th June 2013.