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 price sensitive information
Unique data record identifier
5609
Submission date and time
12.07.2016 16:00:00
Content of announcement in Estonian
Title
Baltic Horizon tegi oma uue pikaajalise fondistruktuuri alt esimese ostutehingu
Message
Vaid mõned päevad pärast edukat kapitalikaasamist ja kinnisvarafondi osakute Nasdaq Tallinn börsil noteerimist soetas Baltic Horizon enda portfelli G4S peahoone kinnistu Tallinnas. Baltic Horizoni portfelli kuulub Balti pealinnades nüüd 6 hea rahavooga objekti koguväärtusega üle 100 miljoni euro. G4S ärihoone Tallinna ühel tuiksoonel - Paldiski maanteel - ehitati 2013. aastal. Kinnistu kogupindala on 9 100 m2 ja see on pikaajalise rendilepinguga Taani turvaettevõtte G4S kasutuses. Hoone osteti ca. 7,5% tootlusega. Baltic Horizoni osakute avalik pakkumine viidi edukalt lõpule 29. juunil 2016, koos Baltic Horizoni ja Baltic Opportunity Fundi ühendamisega. Baltic Horizon kaasas kapitali 29,7 miljoni euro jagu. Baltic Horizoni fondiosakutega alustati kauplemist Nasdaq Balti fondinimekirjas 6. juulil 2016. Baltic Horizon kavatseb regulaarselt teostada rendivoost rahalisi väljamakseid oma osakuomanikele. Selline atraktiivne riski-tootluse suhe on ahvatlev ennekõike investoritele, kes otsivad madalate deposiidiintresside keskkonnas kõrgemaid dividendi tootlusi. Fondi investoriteks on mainekad Põhjala ja Baltikumi institutsionaalsed ja erainvestorid. Antud tehing täiendab fondi Balti pealinnade portfelli, millesse juba varem kuulusid teiste objektide kõrval Vilniuse äripiirkonna südames asuv Europa ostukeskus ja Coca-Cola Plaza Tallinnas. Lisainfo: Tarmo Karotam Baltic Horizon Fundi fondijuht Tel: +372 5089044, e-mail [email protected]
Content of announcement in English
Title
Baltic Horizon makes its first acquisition under the new evergreen fund structure
Message
Following the successful capital raising, Baltic Horizon has closed and taken over G4S Headquarters in Tallinn just days after listing on Nasdaq Tallinn Stock Exchange. Baltic Horizon now has a portfolio of 6 quality cash-flow objects in the Baltic Capitals worth in excess of 100 mln EUR. G4S Headquarters was built in 2013. The property is located on arterial Paldiski road and has some 9.1 thousand m2 of gross area. The property is leased on a long term basis to a global Danish security company G4S. The property was acquired approx. at a 7,5% yield. The public offering of Baltic Horizon units was successfully concluded on 29 June, 2016 together with the merger with Baltic Opportunity Fund. Baltic Horizon attracted gross equity of 29.7 mln EUR. Baltic Horizon units started trading on Nasdaq stock exchange on 6 July 2016. Baltic Horizon ticker is NHCBHFFT. Baltic Horizon aims to be a stable dividend payer as the majority of its operating cash-flow will be paid out in regular dividends. Suchattractive risk-adjusted dividend yield appeals to a wide range of investors looking for cash-generating assets in the low deposit rate environment. Fund’s investors are reputable Nordic and Baltic institutional and private investors. The deal adds on to a portfolio of quality cash-flow assets in the Baltic capital cities which includes Europa Shopping Center and Coca Cola Plaza in the heart of Vilnius and Tallinn respectively. For more information, please contact: Mr. Tarmo Karotam Fund Manager of Baltic Horizon Fund Tel: +372 5089044, [email protected]