Baltic Horizon Fund publishes its NAV for May 2024
2024年6月18日 - 2:00AM
Baltic Horizon Fund publishes its NAV for May 2024
The net asset value (NAV) per unit of the Baltic
Horizon Fund (the Fund) amounted to EUR 0.9070 at the end of May
2024 (0.9078 as of 30 April 2024). The month-end total net asset
value of the Fund was EUR 108.5 million and remained at an almost
similar level compared to the prior month (EUR 108.6 million as of
30 April 2024). The EPRA NRV as of 31 May 2024 stood at EUR 0.9490
per unit.
The Fund has earned a consolidated net rental
income of EUR 1.0 million in May 2024 (EUR 1.0 million in April
2024). In May, the Fund finalized agreements to extend and expand
the leases of its current tenants, encompassing over 3,000 sqm
across the office buildings in Lincona, North Star, and Meraki.
At the end of May 2024, the Fund’s consolidated
cash and cash equivalents amounted to EUR 5.9 million (30
April 2024: EUR 6.8 million). In the beginning of May 2024, the
bondholders received a coupon payment of EUR 0.9 million from the
Fund. As of 31 May 2024, the total consolidated assets of the Fund
were EUR 262.6 million (30 April 2024: EUR 263.0 million).
For additional information, please contact:
Tarmo Karotam Baltic Horizon Fund manager
E-mail tarmo.karotam@nh-cap.com 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. Both the
Fund and the Management Company are supervised by the Estonian
Financial Supervision Authority.
Distribution: Nasdaq,
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