Market announcement
Baltic Horizon Fund / Northern Horizon Capital AS
LEI code
5299008IKT93E4SA0G49
Size of the entity
Small undertaking
Economic activities
Financial and Insurance Activities
Industry sector(s)
Management company
Country of registered office
Estonia
General information
Categories
Other corporate action
Does the information contain personal data?
No
Is the data provided voluntary or not?
No
Original language of the information to be provided
Estonian
Is information covering a period?
Yes
The start date to which the information relates
01.09.2026
The end date to which the information relates
30.09.2026
Version
1
Unique data record identifier
19084
Submission date and time
15.10.2026 17:00:00
Content of announcement in Estonian
Title
Baltic Horizon Fond avaldab osaku puhasväärtuse 2026. aasta septembri seisuga
Message
Baltic Horizon Fondi (Fond) osaku puhasväärtus (NAV) 2026. aasta septembri lõpu seisuga kasvas 0,4323 euroni osaku kohta (31. august 2026: 0,4077 eurot). Fondi puhasväärtus kasvas kuu lõpuks 97,9 miljoni euroni (31. august 2026: 92,4 miljonit eurot).
2026. aasta septembri lõpus viis sõltumatu kinnisvarahindaja läbi kolme Eesti kinnisvarainvesteeringu (Postimaja, Apollo Plaza ja Pirita ostukeskus) uued hindamised. 30. septembri 2026 seisuga kasvas Baltic Horizon Fondi portfelli õiglane väärtus 215,3 miljoni eurole (31. detsember 2025: 208,9 miljonit eurot). Hindamised viidi läbi seoses käimasolevate refinantseerimise kaalutlustega. Fondi ülejäänud kinnisvarainvesteeringud hinnatakse ümber neljandas kvartalis ning nende väärtus võib nii suureneda kui ka väheneda. Ümberhindluse mõju arvestamata oleks Fondi osaku puhasväärtus 2026. aasta septembris suurenenud 0,4099 euroni. Hindamiste kokkuvõte avaldatakse Fondi kodulehel. Täpsem info avaldatakse kvartali vahearuandes.
2026. aasta septembris oli Fondi konsolideeritud puhas renditulu 1,2 miljonit eurot (2026. aasta augustis: 1,1 miljonit eurot).
2026. aasta septembri lõpus moodustasid Fondi konsolideeritud raha ja raha ekvivalendid 8,3 miljonit eurot (31. august 2026: 7,7 miljonit eurot), millest 3,4 miljonit eurot on piiratud kasutamiseks vastavalt laenulepingutes sätestatule.
30. septembri 2026 seisuga on Fondi konsolideeritud varade kogumaht 226,8 miljonit eurot (31. august 2026: 220,8 miljonit eurot).
Lisainformatsiooni saamiseks palume ühendust võtta:
Edvinas Karbauskas
Baltic Horizon Fond, fondijuht
E-mail [email protected]
www.baltichorizon.com
Baltic Horizon Fond on registreeritud lepinguline avalik kinnine kinnisvarafond, mida valitseb alternatiivfondivalitseja Baltic Horizon Capital AS.
Avaldamine: GlobeNewswire, Nasdaq Tallinn, www.baltichorizon.com
Saamaks börsiteateid ning uudiseid Baltic Horizon Fondilt tema projektide, plaanide ja muu kohta, registreeruge aadressil www.baltichorizon.com. Samuti on teil võimalik Baltic Horizon Fondi jälgida LinkedIn ja YouTube keskkondades.
Content of announcement in English
Title
Baltic Horizon Fund publishes its NAV for September 2026
Message
The net asset value (NAV) per unit of the Baltic Horizon Fund (the Fund) increased to EUR 0.4323 at the end of September 2026 (EUR 0.4077 as of 31 August 2026). The month-end total net asset value of the Fund increased to EUR 97.9 million (EUR 92.4 million as of 31 August 2026).
At the end of September 2026, independent real estate appraisers conducted new valuations of three Estonian properties (Postimaja, Apollo Plaza and Pirita SC). As of 30 September 2026, the fair value of the Baltic Horizon Fund portfolio increased to EUR 215.3 million (31 December 2025: EUR 208.9 million). These valuations were carried out at this time in connection with ongoing refinancing considerations. Other investment properties of the Fund will be revalued during Q4 and may either increase or decrease in value. Excluding this revaluation effect, the NAV per unit of the Fund would have increased to EUR 0.4099 during September 2026. The summary of property valuations will be published on the Fund’s webpage. More information will be provided in the quarterly report.
In September 2026, the Fund generated consolidated net rental income of EUR 1.2 million (EUR 1.1 million in August 2026).
At the end of September 2026, the Fund’s consolidated cash and cash equivalents amounted to EUR 8.3 million (31 August 2026: EUR 7.7 million) of which EUR 3.4 million is restricted for use specified under credit agreements.
As of 30 September 2026, the total consolidated assets of the Fund were EUR 226.8 million (31 August 2026: EUR 220.8 million).
For additional information, please contact:
Edvinas Karbauskas
Baltic Horizon Fund manager
E-mail [email protected]
www.baltichorizon.com
Baltic Horizon Fund is a registered contractual public closed-end real estate fund managed by Alternative Investment Fund Manager license holder Baltic Horizon Capital AS.
Distribution: GlobeNewswire, Nasdaq Tallinn, www.baltichorizon.com
To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on www.baltichorizon.com. You can also follow Baltic Horizon Fund on LinkedIn and YouTube.