Baltic Horizon currently holds a portfolio of 15 commercial properties worth over 371 million EUR (as of 31.12.2019). All properties are located in the capital cities of Baltics: 5 properties in Tallinn, 5 properties in Riga and 5 properties in Vilnius. Total NLA of the portfolio is approx. 153,350 m2.
Property portfolio is estimated to generate about 23 mln EUR NOI (net operating income) in the current year on as-is basis, which implies a portfolio yield of over 7%. Total vacancy of the portfolio is under 2%. Portfolio WAULT (weighted average un-expired lease term) is approx. 4 years.
Summary of recent property valuations is available here.
The portfolio is currently well balanced and well diversified geography wise and segment wise (charts below).