NR NORDIC RUSSIA

Northern European Properties Ltd is a Jersey incorporated company which invests in real estate in the Nordic and Baltic Regions and Baltic Russia.

Northern European Properties Ltd (formerly Northern European Properties) specializes in owning and managing des business real estate assets located in the Scandinavian and Baltic countries and in Baltic Russia.
At the end of 2008, the real estate portfolio with a total area of 983,000 m2, has a market value of EUR605 million, broken down by type of asset into business premises (40.7%; 612,000 m2), offices (20.7%; 186,000 m2), retail premises (14.7%; 50,000 m2), hotels (14.2%; 34,000 m2) and logistical sites (9.8%; 101,000 m2).