Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the twelve months of 2024. The financial results remained unchanged compared to the preliminary disclosure on 17 February 2025. Executing…
Extraordinary General Meeting (hereinafter the “General Meeting”) of Baltic Horizon Fund unit-holders and Swedish Depositary Receipt (hereinafter the “SDR”) holders (hereinafter together the “Investors”) took place on 27 March 2025 in Tallinn, Estonia. Proposed agenda of the meeting, as proposed…
The owner of Meraki Business Home in Vilnius, BH Meraki UAB, an SPV of Baltic Horizon Fund, closed a transaction at the end of last week, in accordance with which Groa Real Estate Opportunity Fund UAB, a fund managed by…
The public offering of Liven AS (hereinafter Liven) unsecured green bonds (hereinafter the Offering) ended on Thursday, 13 March 2025. It was the second series under Liven’s unsecured bond programme, which was conducted on the basis of the base prospectus…
The Management Board of EfTEN Real Estate Fund AS (registry code 12864036; seat Tallinn, A. Lauteri 5) calls an annual general meeting of shareholders on 08 April 2025 at 10:00 a.m. Venue of the general meeting: Radisson Collection Hotel second floor conference centre hall…
At the request of a unitholder whose units represent more than 1/10 of all the votes, Northern Horizon Capital AS invites Baltic Horizon Fund unit-holders and Swedish Depositary Receipt (hereinafter the “SDR”) holders (hereinafter together the “Investors”) to attend an…
Liven AS (register code 12619609, address Telliskivi tn 60/5, 10412, Tallinn, Estonia; hereinafter Liven) hereby announces a public offering of Liven’s II series green bonds under the existing bond programme (Programme) (hereinafter the Offering). The Offering is conducted on the basis of…
In the fourth quarter of 2024, Estonian GDP rose by 1.2% y/y in real terms (seasonally non-adjusted) and 0.7% compared to the previous quarter (seasonally and working day adjusted), according to the updated estimate of Statistics Estonia. The growth was…
On 6 May 2024, Estonian Financial Supervision and Resolution Authority approved the prospectus prepared by Liven AS (Liven) for the public offer of bonds and for the listing and admission to trading on the Nasdaq Tallinn Stock Exchange’s Baltic Bond…
The main business activity of Trigon Property Development AS is real estate development. As at 31.12.2024, AS Trigon Property Development owned one development project with an area of 13.4 hectares in the City of Pärnu, Estonia. A commercial, industrial and…
Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the twelve months of 2024. Our strategic ambitions In 2024, the Fund’s management team made the strategic decision to implement key…
Northern Horizon Capital AS has decided to initiate the termination of Baltic Horizon Fund’s Swedish Depositary Receipts (the „SDR“) program and delist the SDRs from Nasdaq Stockholm. The delisting is expected to take place in August 2025 at the earliest.…
The crowdfunding platform “Profitus” raised €88 million in 2024, strengthening its position as a leader in Lithuania and starting international expansion. This is 49% more than in 2023, when €59 million was raised. According to CEO Lina Maskoliūnė, these results…
COMMENTARY FROM MANAGEMENT Merko Ehitus posted revenue of EUR 160.4 million and net profit of EUR 19.9 million in Q4 of 2024. The respective figures for the entire year 2024 were EUR 539 million and EUR 64.7 million. Approximately 90%…
Fund manager’s comment Despite the challenging economic environment, EfTEN Real Estate Fund AS managed to increase both total rental income and portfolio EBITDA in 2024. The fund’s portfolio was expanded by two new logistics properties in the fourth quarter and…
