BALTIC STATES Newsec becomes biggest Baltic player with BPT takeover
Property and Facility Managementschedule 03 February 2022
Newsec now has more than 84 properties under management in the Baltics with a total area of 880,000 sqm
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Stockholm-based property manager Newsec has acquired BPT Real Estate from Estonian private equity fund manager Baltcap for an undisclosed sum.
BPT Real Estate owns property management companies operating under that same name in Lithuania, Latvia and Estonia, as well as a controlling stake in Projector, a provider of construction management and supervision services in the Baltic countries.
BPT Real Estate will now operate under the Newsec name, while Projector will continue to operate under its own brand.
After this deal, Newsec will have more than 84 commercial real estate properties under management in the Baltic countries with a
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