Baltic Sea Properties AS has reached a memorandum of understanding (MOU) with existing tenant, Delamode Baltics, of expansion on the existing cross-dock logistic terminal by approximately 5.000 sqm, with handover date expected during Second Quarter 2022. Terms and conditions are expected to be at similar conditions as for the existing logistic center and will be reported in full after signing of final agreement expected to take place during the month of June. Upon completion, the cross-docking logistic facility will be approx. 13.200 sqm.