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

Muud korporatiivtoimingud

Teate ID

7465

Esitamise kuupäev ja aeg

30.08.2019 17:30:00

Teate sisu eesti keeles

Pealkiri

Baltic Horizon Fond omandab North Star ärikeskuse Vilniuses, Leedus ning korraldab osakute mitteavaliku pakkumise

Teade

Baltic   Horizon   Fund  sõlmis  lepingu  kinnise  investeerimisettevõttega  UAB
"Prosperus Strategic RE Fund", mis esindab informeeritud investoreid, ärikeskuse
"North  Star"omandamiseks Fondi portfelli. Tegemist on Ulonu tn. 2 ja Verkiu tn.
23, Vilniuses   asuvate  kinnistutega,  mille  koosseisu  "North  Star"  kuulub.
Ostuhind  on 20,7 miljonit eurot  ning eeldatav sisenemise  tootlus umbes 7,3%.
Tehingu  lõpuleviimine toimub sügise jooksul ning selle eeltingimuseks on Baltic
Horizon  Fondi kapitali edukas kaasamine fondivalitseja Northern Horizon Capital
AS  poolt  korraldatava  Baltic  Horizon  Fondi  osakute  mitteavaliku pakkumise
käigus.
North Star on hea asukohaga büroohoone Vilniuse südalinna lähedal. Selle 10,600
ruutmeetril   üüritaval   pinnal   asuvad   erinevad   tugevad   üürnikud   ning
ankurrentnikuks  on Leedu Riiklik Maksuamet.  Bürookompleksi kuulub ka maa-alune
parkla 370 kohaga.

"Meil  on hea meel lisada North Star meie Vilniuse büroode portfelli ja üldiselt
tugevdada   fondi   positsiooni   Balti  büroohoonete  segmendis,"  kommenteeris
fondijuht Tarmo Karotam.

Osana  tehingust  on  müüja  nõustunud  märkima  Baltic Horizon Fondi osakuid 5
miljoni  euro  ulatuses.  Northern  Horizon  Capital AS kohustub korraldama uute
fondiosakute  emiteerimise mitteavaliku suunatud pakkumisena mahus, mis saadakse
märgitava   summa   jagamisel   osaku   viimase  puhasväärtusega.  Uute  osakute
emiteerimine   ja   noteerimine   toimub  eelduslikult  vahetult  peale  tehingu
lõpuleviimist.

Lisainformatsiooni saamiseks palume ühendust võtta:

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

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

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

Teate sisu inglise keeles

Pealkiri

Baltic Horizon Fund to acquire Business Centre “North Star” in Vilnius, Lithuania and arrange private placement of units

Teade

Baltic  Horizon Fund signed an  agreement with closed-end investment undertaking
intended  for informed  investors UAB  "Prosperus Strategic  RE Fund" to acquire
business  centre  "North  Star"  to  Fund's  portfolio.  The real properties are
located  on Ulonu  str. 2 and  Verkiu str.  23, Vilnius comprising as the "North
Star"  building complex. The  purchase price is  approximately EUR 20.7 million,
which  corresponds  to  an  estimated  entry  yield  of  approximately 7.3%. The
transaction  is expected to close during  autumn and is conditional upon capital
raising  by way of private placement of Baltic Horizon Fund units to be arranged
by Northern Horizon Capital as the management company of Baltic Horizon Fund.

North  Star is a well-located office building near the central business district
of  Vilnius.  Within  its  10,600 sq.m.  leasable  area it houses various strong
tenants  with anchor  tenant being  the Lithuanian  State Tax  Inspectorate. The
office complex also includes an underground parking facility with 370 places.

"We are pleased to bring North Star into our Vilnius office portfolio and are in
general content to strengthen the fund's position in the Baltic office segment,"
commented fund manager Tarmo Karotam.

As  part  of  the  transaction,  the  seller  has agreed to subscribe for Baltic
Horizon  Fund units  for the  amount of  EUR 5 million. Northern Horizon Capital
shall  arrange issuance of new  fund units, the number  of which is equal to the
subscription  amount divided by the latest net  asset value per fund unit by way
of  private placement. The issuance and listing of new units is expected to take
place shortly after closing.

For additional information, please contact:

Tarmo Karotam
Baltic Horizon Fund manager
E-mail [email protected]
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www.baltichorizon.com
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Baltic Horizon Fund is a registered contractual public closed-end real estate
fund managed by Alternative Investment Fund Manager license holder Northern
Horizon Capital AS.