Investment strategy
Baltic Horizon’s primary focus is to invest directly into commercial real estate located in Estonia, Latvia and Lithuania with a particular focus on the capitals – Tallinn, Riga and Vilnius.
The Fund will focus on established cash flow generating properties with potential to add value through active management within retail, office and logistic segments in strategic locations and strong tenants or quality tenant mix and long leases. Up to 20% of the Fund’s asset may be invested into forward funding development projects.
The Fund aims to use 50% long term leverage strategy. At no point in time may the Fund’s leverage shall exceed 65%.
The Fund aims to continuously diversify the risks geographically, across real estate segments, across tenants and debt providers.
Investing principles
As an international asset manager Northern Horizon Capital is dedicated to good corporate governance principles. Baltic Horizon has an independent boards and we strive to have a transparent, fair and professional dialogue with our investors.
All our investments are guided by the following principles:
- We only invest in properties where our investors can expect a steady income stream and have a good chance of a medium-term capital gain.
- We are actively focusing on minimizing and managing any potential downside risks while protecting the full upside potential of our investments.
- We will refuse any investment opportunity which challenges our integrity or is in conflict with our mission statement and core values.
- Each individual property is assessed upon acquisition as well as on an annual basis by independent valuators in compliance with the International Financial Reporting Standards (IFRS) and local valuation methods.