Advertisement
UK markets close in 5 hours 45 minutes
  • FTSE 100

    7,961.95
    -33.63 (-0.42%)
     
  • FTSE 250

    19,734.67
    +13.43 (+0.07%)
     
  • AIM

    751.99
    -3.92 (-0.52%)
     
  • GBP/EUR

    1.1718
    +0.0024 (+0.20%)
     
  • GBP/USD

    1.2490
    +0.0039 (+0.31%)
     
  • Bitcoin GBP

    53,507.89
    +2,166.83 (+4.22%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,123.41
    -75.65 (-1.46%)
     
  • DOW

    37,983.24
    -475.86 (-1.24%)
     
  • CRUDE OIL

    84.73
    -0.93 (-1.09%)
     
  • GOLD FUTURES

    2,364.10
    -10.00 (-0.42%)
     
  • NIKKEI 225

    39,232.80
    -290.75 (-0.74%)
     
  • HANG SENG

    16,600.46
    -121.23 (-0.72%)
     
  • DAX

    18,075.20
    +144.88 (+0.81%)
     
  • CAC 40

    8,064.13
    +53.30 (+0.67%)
     

Baltic Horizon Fund sold its share in BH Domus PRO UAB to UAB „PREF III“

Baltic Horizon Fund / Northern Horizon Capital
Baltic Horizon Fund / Northern Horizon Capital

Baltic Horizon Fund closed today a transaction, in accordance to which 100% shareholding in BH Domus PRO UAB was sold to UAB „PREF III“. BH Domus PRO UAB owns Domus Pro office building and retail park in Vilnius, Lithuania. The sales price of the property was approximately EUR 23.5 million. The proceeds of the transaction will be used mainly to decrease the loan obligations of the Fund and partially for the redemption of the Fund’s bonds maturing in May 2023.

Baltic Horizon Fund informed the investors about signing of the sale and purchase agreement via stock exchange announcement published on 9 February 2023 (https://view.news.eu.nasdaq.com/view?id=baf9ecd491f2e28a0b58a88f4cd54952b&lang=en).

For additional information, please contact:
Tarmo Karotam
Baltic Horizon Fund manager
E-mail tarmo.karotam@nh-cap.com
www.baltichorizon.com

ADVERTISEMENT

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