Investment criteria for sellers
The principles below are meant to present potential sellers with the fundamental investment criteria used by Baltic Property Trust.
Sellers interested in offering properties to one of the BPT funds are welcome to contact our local country managers or the fund raising department.
Contact usInvestment criteria
| Property segments | Retail, office, logistics and leisure |
| Target locations | Baltic Sea region (Estonia, Latvia, Lithuania, Poland, Russia and Germany) |
| Fund's capacity | Approximately EUR 1 billion. |
| Investment type | Single-assets or portfolio of properties, existing properties or forward-commitment of purchase upon completion. |
| Investment size | Minimum of EUR 10 million. |
| Investment structure | Asset deal or share transaction. In case of share transaction, a Special Purpose Vehicle (SPV) will be set up exclusively for the purpose of each particular project. |
| Ownership structure | 100% direct free-samle; ground leases or usufructs considered with acceptable long-term lease terms and conditions. |
| Specifications | High quality modern construction, prime location, state-of-the-art equipment and design, and a possibility for upside potential through active property management. |
| Occupancy | High occupancy ratios are preferred in existing properties, but properties and development projects with higher vacancy levels may be of interest too, depending on their age and location. |
| Tenancy | Single key tenant or several smaller tenants with strong creditworthiness, parental gauranties and no history of major tenant defaults. All properties should be appealing to large international organizations. |
| Leases | Long-term leases with average minimum remaining length of 5 years (longer for retail), denominated in Euros. With annual indexation and recovery of all property-related operational expenses. |