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

10041

Esitamise kuupäev ja aeg

02.01.2023 09:45:00

Teate sisu eesti keeles

Pealkiri

Baltic Horizon Fond müüs osaluse Europa Shopping Centeri parkimismajas Vilniuses, Leedus, UAB "Prime Location Property Fund"-le

Teade

Europa  Shopping Centre  omanik, BH  Europa UAB,  Baltic Horizon kinnisvarafondi
SPV,  allkirjastas ning  viis lõpule  reedel, 30. detsembril 2022, pärast Nasdaq
börsi  kauplemispäeva  lõppu,  ostu-müügilepingu,  UAB  "Prime Location Property
Fund"-iga,  et müüa  oma osalus  Europa Shopping  Centeri parkimismajas, mis oli
varasemalt  ostjaga kaasomandis.  Leping sisaldab  teatud garantiisid, et tagada
piisav  number  parkimiskohti,  mis  on  vajalikud kaubanduskeskuse igapäevaseks
opereerimiseks  ning tasuta parkimise keskuse külastajatele. Baltic Horizon Fond
jääb Europa Shopping Centre ainuomanikuks.

Müügihinnaks on 4 miljonit eurot (millele lisandub käibemaks, kui see kohaldub).
Tehingust  saadavat tulu kasutatakse  bilansistruktuuri optimeerimiseks ja Fondi
finantsvõimenduse  vähendamiseks. Pärast  tehingut väheneb  fondi laenujääk 3,5
miljoni euro võrra.

Lepingu  sõlmimine  märgib  samuti  positiivset  muutust  naabrite  vahel. Ostu-
müügileping sisaldab kokkuleppeid, mille kohaselt ostja kohustub loobuma kõigist
parkimismajaga seotud ajaloolistest vaidlustest.

"Oleme  Europa  parkimismaja  50% osaluse  müügiga  teisele kaasomanikule rahul.
Ainuomanikuna saab meie naaber lõpetada parkimismaja täieliku renoveerimise ning
hea  meel on, et  parkimismaja jääb teenindama  nii Europa ostukeskuse kui büroo
hoone kliente ka tulevikus", märkis Baltic Horizon'i fondijuht Tarmo Karotam.

Lisainformatsiooni saamiseks palume kontakteeruda:

Tarmo Karotam
Baltic Horizon Fond, fondijuht
E-mail [email protected] (mailto:[email protected])
www.baltichorizon.com (http://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 (http://www.baltichorizon.com)

Teate sisu inglise keeles

Pealkiri

Baltic Horizon Fund sold its share in the parking house of Europa Shopping Centre to UAB "Prime Location Property Fund" in Vilnius, Lithuania

Teade

The  owner of Europa Shopping Centre in Vilnius, BH Europa UAB, an SPV of Baltic
Horizon  real estate  fund, signed  and closed  a real  estate sale and purchase
agreement  with UAB "Prime Location Property Fund" on Friday, 30 December 2022,
following  the end of the  Nasdaq trading day, to  sell its share in the parking
house  of  Europa  Shopping  Centre  which  was  previously  co-owned  with  the
purchaser.  The  agreement  stipulates  certain  guarantees to ensure sufficient
number  of  parking  spaces  required  for  the proper operation of the shopping
centre  as well as possibility to ensure  free parking for the clients od Europa
Shopping  Centre. Baltic Horizon  Fund remains as  the sole owner  of the Europa
Shopping Centre.

The sales price is EUR 4 million (excluding value added tax, if applicable). The
proceeds  of the transaction  were used to  optimise balance sheet structure and
reduce the financial leverage of the Fund. Following the transaction, the Fund's
outstanding loan balance will decrease by EUR 3.5 million.

This  signifies a positive change  in the relations of  the neighbours. The sale
and  purchase agreement  includes a  clause whereby  the purchaser undertakes to
waive all historic disputes  in regards to the parking house.

"We are satisfied to have completed the sale of half of the Europa parking house
to the co-owner. Under sole ownership, our neighbour will complete renovation of
the  entire parking house for the use  of both Europa shopping centre and office
building", stated Tarmo Karotam, fund manager of Baltic Horizon.

For additional information, please contact:

Tarmo Karotam
Baltic Horizon Fund manager
E-mail [email protected] (mailto:[email protected])
www.baltichorizon.com (http://www.baltichorizon.com)

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:     Nasdaq     Tallinn,     Nasdaq    Stockholm,    GlobeNewswire,
www.baltichorizon.com (http://www.baltichorizon.com)