Börsiteade

Baltic Horizon Fund / Northern Horizon Capital AS

LEI kood

5299008IKT93E4SA0G49

Emitendi suuruskategooria

Väike ettevõtja

Majandustegevusalad

Finants- ja kindlustustegevus

Sektor(id)

Fondivalitseja

Emitendi registreeritud asukoht

Eesti

Üldandmed

Kategooriad

Muu oluline informatsioon

Teate ID

6354

Esitamise kuupäev ja aeg

15.11.2017 10:15:00

Teate sisu eesti keeles

Pealkiri

Baltic Horizon Fund omandas Vainodes I büroohoone Riias, Lätis

Teade

Northern Horizon Capital AS kui Baltic Horizon Fond’i (Fond) fondivalitseja
teavitab lepingu sõlmimisest Riias asuva Vainodes 1 büroohoone omandamiseks. 

14. novembril 2017 allkirjastati osade ostu-müügileping SIA „NULE 4“ ja SIA „NM
2“-ga, Vainodes 1 ja tema naaberkinnistu Telts 1 omandamiseks. Lepingujärgne
ostuhind on ligikaudu 21,3 miljonit eurot, mis teeb omandamise ligikaudseks
tootluseks 7%. Tehingu lõpuleviimine on sõltuvuses tavapärastest
eeltingimustest ning toimub eelduslikult detsembris. 

Vainodes 1 büroohoone asub Daugava jõe vasakul kaldal, Riia peamise magistraali
- Karla Ulmana puiestee ääres. Büroohoone kompleks on täielikult välja renditud
ja asub 10-minutilise autosõidu kaugusel Riia kesklinnast. Kompleks koosneb
uuest büroohoonest, mis valmis 2014. aastal ja mis on ühendatud väiksema
rekonstrueeritud hoonega. Kogu väljarenditav pind on 8 052 m2. Ankurrentnikuks
on JSC Latvian State Forests (ligikaudu 90% GLA-st), lisaks on üürnikeks ka
farmaatsiaettevõte Abbvie ja kohvik. Kinnistutele on kehtiva detailplaneeringu
järgi kokku võimalus ehitada veel kuni 18 262 m2 ulatuses büroopinda ja
parkimismaja. 

Fondijuht Tarmo Karotam’i kommentaar: “On hea meel saada selline atraktiivne
vara Fondi rahavoo portfelli ning oleme rahul, et saame investeerida enamuse
2017.a teises kvartalis investoritelt kaasatud kapitalist. Antud ostulepingu
allkirjastamiseni jõudmine võttis tavapärasest rohkem aega täiendava õigusliku
ja maksu auditi protsessi tõttu, mis oli vajalik seoses jaanuarist 2018 Lätis
jõustuvate maksumuudatustega”. 

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

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Pealkiri

Baltic Horizon Fund acquired Vainodes I office building located in Riga, Latvia

Teade

Northern Horizon Capital AS as the management company of Baltic Horizon Fund
(the Fund) announces the signing of an agreement to acquire Vainodes 1 office
building in Riga, Latvia to the Fund’s portfolio. 

On 14th November 2017 a share purchase agreement was signed with the sellers
SIA „NULE 4“ and SIA „NM 2“ for acquisition of Vainodes 1 and the neighbouring
land plot located at Telts 1, Riga. The total purchase price for the properties
under the agreement is approx. EUR 21.3 million corresponding to an approximate
acquisition yield of 7%. Closing of the acquisition is subject to customary
conditions precedents and is expected to take place in December. 

Vainodes 1 office building is situated on the left bank of river Daugava next
to one of the main arterial roads of Riga - Karla Ulmana avenue. The office
building is fully occupied and located within 10 minute drive from the city
centre of Riga. The complex consists of a new office building, built in 2014,
which is connected to a smaller reconstructed building. The total  leasable
area of the building is 8 052 m2. The anchor tenant is JSC Latvian State
Forests (about 90% of GLA), other tenants include pharmaceutical company Abbvie
and a cafeteria. The current detail plan for the land plots includes an
opportunity to construct of up to 18 262 m2 of additional office space and a
parking house. 

Fund manager Tarmo Karotam: “We are glad to include such an attractive property
to our cash flow portfolio and are satisfied about being able to deploy most of
the capital raised in Q2 offering. Process towards execution of the agreement
took more time than usual as additional legal and tax due diligence was needed
due to changes in tax regulations applicable in Latvia as of January 2018”. 

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