On October 4, 2018 Baltic RE Group, AS (hereinafter – the Company) held an extraordinary stockholder’s meeting, where were made decisions about increasing Company’s equity capital and appropriate amendments in Company’s statute.

The new subscribed Company’s share capital after increasing of share capital will be EUR 29 million.

The new financial resources enable the Company to continue its investment strategy focused on the purchase of landmark properties in the Baltic region while maintaining prudential financial ratios.

About Baltic RE Group, AS

Baltic RE Group, AS business lines are purchase and sale of real estate, its lease and management. The holding is the largest lessor of all-purpose high quality commercial areas with state-of-the-art facilities in Old Riga. Baltic RE Group, AS is investing in the Baltics with a long-term view, highly specific vision and a non-speculative approach for the creation of sustainable value.

For more information, please visit - http://www.balticregroup.com

         Dina Abaja
         Member of the Board, authorized person
         Phone: +371 27832796
         E-mail:dina.abaja@balticregroup.com