Such an agreement was signed at the international real estate and investment trade fair MIPIM in Cannes, France, the companies said in a joint media release on Monday.
"The targeted marketing of the property portfolio will start in the first half of 2012 and the process is expected to be finalized over the next year. It is expected to attract interest from the majority of regional and global property investors," they said.
BPT Secura owns 10 retail, office and logistics properties in the Baltic countries, with a total area of around 100,000 square meters. The fund's gross property value is 126 million euros.
