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13 February 2012

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Baltic Property targets 15%-20% returns in Nordic opportunity fund

The Denmark-based Baltic Property Trust is launching a new fund, BPT Nordic Opportunity, to focus on heavily discounted Nordic real estate stocks, distressed direct property, and diversified debt sold by financial institutions. It gave no target size but said that drawing on its core competencies, BPT Nordic Opportunity is expected to generate annual returns of 15%-20% over the next four years by investing across the three segments.

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