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

9158

Esitamise kuupäev ja aeg

08.11.2021 20:10:00

Teate sisu eesti keeles

Pealkiri

Baltic Horizon Fond müüb G4S büroohoone Tallinnas, Eestis

Teade

Baltic  Horizon Fond  allkirjastas täna  asjaõiguslepingu HITS Investments OÜ-ga
Tallinnas,  Paldiski  mnt  80 asuva  kinnistu  omandi  müümiseks  koos kinnistul
paikneva  G4S büroohoonega. Müügihind on  15,35 miljonit eurot (millele lisandub
käibemaks),  mis vastab  umbkaudselt hoone  viimasele hindamisele. Investeeringu
rohkem  kui viie  aastase hoidmisperioodi  IRR oli  umbes 11,2% ning omakapitali
kordaja   1.7. Tehingust laekuvat  raha  plaanitakse  kasutada  uute  ja  rohkem
energiaefektiivsemate investeeringute tegemiseks Baltikumis.

?Tegemist   on   esimese   Baltic   Horizon   Fondi  portfelli  kuuluva  objekti
võõrandamisega  ning meil on hea meel sobilikult ajastada antud müügitehing läbi
turuvälise  kokkuleppe. Tegu on esimese  investeeringuga, mida fond peale Nasdaq
Tallinna  börsile minekut 2016. aastal  tegi ning sellest  ajast on investeering
tootnud  väga atraktiivset  rahavoogu. Nüüd  kui objekti  ootavad ees muudatused
üürnike  osas, oli  fondil mõistlik  juhtida tuleviku  kapitalikulude riski ning
hoone edasi müüa kohalikule arendajale" kommenteeris fondijuht Tarmo Karotam.

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 sell G4S office building in Tallinn, Estonia

Teade

Baltic Horizon Fund signed today a real right agreement with HITS Investments OÜ
to  sell the  land plot  located in  Paldiski mnt  80, Tallinn together with G4S
office  building. The  sales price  is EUR  15.35 million (excluding value added
tax) matching approximately the latest valuation. The IRR for the holding period
of more than 5 years is around 11.2%, while equity multiple is 1.7. The proceeds
of  the transaction will be  used for new and  more energy efficient investments
for the fund's portfolio in the Baltics.

?This is the first disposal in Baltic Horizon Fund's history and we are happy
with the timing of this transaction through an offmarket deal. The property was
the first investment the fund had made after getting listed on Nasdaq Tallinn in
2016. The investment has been a great cash generator over the holding period but
with upcoming changes in the tenant mix, it was reasonable to manage the future
capex risk by selling the property to a local developer" commented fund manager
Tarmo Karotam.

For additional information, please contact:
Tarmo Karotam
Baltic Horizon Fund manager
E-mail [email protected]
(https://www.globenewswire.com/Tracker?data=jucfNS7ESDSgRy-
TyJj3hBV0YC3Y9JmB8XhJG1Zku07ny2Dy5gZDztZ0H90m4FVb3vt272l5Y17YyXffSdzoOs8dLG8I6u-
PVH7hn5JP_cDZcj1KgZdqN85CKy3r9dAiGL582U0y4Q78TcgxToiTUzZguneX-
xg1t_6qwqs5r3FCFYRy5FgkHrXtZKyGBL4aDevS5zf33hd53_jzdb6uOlNtMYndZe8zty44BH5Kvkmrm
PC8O1GEzevWEvMezDnAxhDTv6llOUfoxSQVt20DzY1I4II11v_S-
KrzeKqyTo3ZukqglXpCm7DLYvOu126YgSldpbl8Z3DLi_vt0iq0bZDkCRy5kaoAklem6Hy3UXTAuJH_l
Rc9zLlu_5CRKdEyGyz59ifFZ0zawZug_6sNfankck4nhMnOQo2fT3GH2YWoh3VQpH5Fw_CmXBaS7Hrc5
zCy7xe023CIanQShQ0_SVPHhoOQGyuUIiLO5pR1mcUj-
EPdgvlYoN5S36O9yoGNuYPKLtehIkpxrXUyxzkhGVmEF6Jor0CrEZYqVaCKXMgJeOlbeNOo0FZYVkv9F
Pp1XFNeluSrma_v8QgtLiTBXP6OAOszqtn4RwQ7zrftlXUgnjYhke9Aj6gidKg77mCRkCpO1YQOU_cUd
BiA6CLOzqjxLtzawBmIbHHSp4dFnAl0yCjf7SxKVcbJsbKnfSOdzukKOfjF4anxnsPa5JTt0TDySH-
lYQK6cogZ8xA-
cX6MWsLwI27m3cs8xuBenM9OS5xAGMJugn_P3wcfMvg7WXBFg1d3PGb5ARhxIuyl2D0=)
www.baltichorizon.com
(https://www.globenewswire.com/Tracker?data=E2rNtokn5_KgYX1wk6F0tcaNFKbWcux_CytN
RJJkhnQ24omuOlIEb0V-92scCod3C8-
IZyTQftLSoKDdgBfZK5M040DXblaUjfBQkEH9bKBThy9LYeSK5NBjjqn30_f_q2Qln2RSRGyI08BqofJ
vTpaxLudONMKfpjh3yiBpbxpJ_hKdcMWgFpF8EVnjS1D_GEnuZywAomOtqr7FtysxF7DrFvNYd4AJYnR
K29HdQU8nefX83oeIoqa_dtYqYwZ31zVRXPGX43fTwCzkZkkDZxyTTszG2oUrOp4Es3-
K6IytSEw_95dpnrS0LZxFQ9jH5VjuZATp2mHLiVINPKZzLf8iP0eHnxOlGAe3rF1pAqFGJYj2kB0hdD6
RlMEpvRbI7Ac-
mncpax8h_K1cpuu6hMhS4iTz0vwnZGjUOSsh6qt4neniHefEKnvoNcoEl3pW8OsD9uZiirz1MYOilHWd
yAlaUPhSloN2pdqCF3sPsj84l_0PTE-hHLpy9aSfyfcgBwRo7jg8dxzgEWecJfUS7YAGpirP1kbghf-
rNG830cDiaFgxP0s4zAGH6bdp-
E9px4I1RoM3b6wSsw1OUJFOjxJj8bUNDP38Jw3GCjljU61BTixsFWZZh8R9BfMvRh7-oHN-
OQ11yEJCZAdSDoql2dxur05HwzsM3cNlS3qcaVcuKbEBxS_a8P18Bquu45kSho1csj4xzuhgkB_UFOdV
YTjhuBvpQctxfnO_y0Wag7aCPxDgkvbOP_WjjIKGTcQCLbYiYHC2Qklv9cXvsrCY6qgN3n0W3-
FzgfOw-WWVAus=)

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