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

6413

Submission date and time

13.12.2017 20:20:00

Content of announcement in Estonian

Title

Baltic Horizon Fund viis lõpule Vainodes I büroohoone omandamise Riias, Lätis

Message

Northern Horizon Capital AS kui Baltic Horizon Fond’i fondivalitseja (Fond)
teavitas 15. novembril 2017 lepingu sõlmimisest Vainodes 1 büroohoone ja selle
naaberkinnistu Telts 1, mõlemad asukohaga Riia, Läti omandamiseks.
Fondivalitseja teavitab, et tehing viidi lõpule. 

Lepingujärgne ostuhind on ligikaudu 21,3 miljonit eurot, mis teeb varade
omandamise ligikaudseks tootluseks 7%. 

Täiendavat informatsiooni tehingu kohta leiab Fondi 15. novembri 2017
börsiteatest. 

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

Content of announcement in English

Title

Baltic Horizon Fund completed the acquisition of Vainodes I office building located in Riga, Latvia

Message

Northern Horizon Capital AS as the management company of Baltic Horizon Fund
(the Fund) announced on the 15th of November 2017 of signing an agreement to
acquire Vainodes 1 office building and the neighbouring land plot located at
Telts 1, both in Riga, Latvia. The management company announces that the
acquisition has been completed. 

The total purchase price for the properties under the agreement is approx. EUR
21.3 million corresponding to an approximate acquisition yield of 7%. 

For more information on the transaction, please refer to the Fund stock
exchange release on 15 November 2017. 

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