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

5993

Submission date and time

23.03.2017 08:00:00

Content of announcement in Estonian

Title

Baltic Horizon Fund omandas Duetto I büroohoone Vilniuses, Leedus

Message

Baltic Horizon Fund (Fond) teavitas 19. jaanuaril 2017 plaanist omandada Duetto
I büroohoone Vilniuses, Leedus. Eile, 22. märtsil 2017 allkirjastati YIT Kausta
b?stas’iga ostu-müügileping Duetto I büroohoone omandamiseks. Lepingujärgne
tehingu hind on 14,6 miljonit eurot (ilma käibemaksuta). Ühtlasi tagab YIT
Kausta b?stas 2 aasta jooksul hoone esialgse äritulu (NOI). 

Duetto I asub Vilniuse teises büroo- ja kõrghoonete piirkonnas, äsjavalminud
läänepoolse ringtee kõrval. Duetto I büroohoone on 10-korruseline, maa-aluse
parklaga. Büroohoone väljarenditav pindala on 8327 m². Hoonel on A-klassi
energiatõhusus. Ankurüürnikeks on Lindorff ja Pernod Ricard. Fondil on
ostuoptsioon kõrval asuva büroohoone Duetto II omandamiseks pärast selle
valmimist. 

Lisainformatsioon:

Tarmo Karotam
Baltic Horizon Fund, fondijuht
E-mail [email protected]
www.baltichorizon.com

Fond on registreeritud lepinguline avalik kinnine kinnisvarafond, mida valitseb
alternatiivfondivalitseja Northern Horizon Capital AS. 

Avaldamine: GlobeNewswire, Nasdaq Tallinn, Nasdaq Stockholm,
www.baltichorizon.com 

Käesolev teade sisaldab informatsiooni, mille Fondivalitseja on kohustatud
avaldama Euroopa Liidu turukurvitarvituse määruse kohaselt. Informatsioon
esitati avaldamiseks 22. märtsil 2017 kell 22.55 Eesti aja järgi ülalmainitud
avaldamiskanalite esindajatele.

Content of announcement in English

Title

Baltic Horizon Fund acquired Duetto I office building located in Vilnius, Lithuania

Message

Baltic Horizon Fund (the Fund) announced on 19th of January 2017 a plan to sign
a sales purchase agreement to acquire Duetto I office property in Vilnius,
Lithuania. Yesterday, on 22nd of March 2017, the sales purchase agreement was
signed with YIT Kausta b?stas. The purchase price under the agreement was EUR
14,6 million (excluding VAT). YIT Kausta b?stas has also issued a two year
guarantee for starting net operating income. 

The property is located in the second high-rise office area of Vilnius, next to
the newly completed western ring road. The building has 10 floors and
underground parking space. Net leasable area of the Duetto I office building is
8,327 m2. The property is of A class energy efficiency. The property is
anchored by Lindorff and Pernod Ricard. The Fund also obtained a call option to
acquire neighboring Duetto II when the building is constructed in the future. 

Additional information:

Tarmo Karotam
Baltic Horizon Fund manager
E-mail [email protected]
www.baltichorizon.com

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. 

Distribution: Nasdaq, GlobeNewswire, www.baltichorizon.com

This announcement contains information that the Management Company is obliged
to disclose pursuant to the EU Market Abuse Regulation. The information was
submitted for publication, through the agency of the above distributors, at
22.55 EET on 22nd of March 2017.