Net asset value (NAV) of Baltic Horizon Fund (the Fund) unit as of the end of
July 2019 amounted to 1.3451 EUR per unit. Compared to the previous month, NAV
increased by +0.52%. The NAV was affected positively by operating performance of
properties including newly acquired Galerija Centrs. The Fund earned unaudited
consolidated net profit of EUR 907 thousand in July 2019. Cash flow hedge
reserve movement had a negative effect on the NAV during the month. More
information will be provided in the Q3 2019 quarterly report.
Additional information:
Tarmo Karotam
Baltic Horizon Fund manager
E-mail tarmo.karotam@nh-cap.com
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www.baltichorizon.com
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The Fund is a registered contractual public closed-end real estate fund that is
managed by Alternative Investment Fund Manager license holder Northern Horizon
Capital AS. Both the Fund and the Management Company are supervised by the
Estonian Financial Supervision Authority.
Distribution: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm,
www.baltichorizon.com
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