Baltic Horizon Fund's Latest NAV Performance
The Baltic Horizon Fund is pleased to announce that its net asset value (NAV) per unit experienced a noticeable increase, reaching EUR 0.6783 by the conclusion of the month. This marks an improvement from EUR 0.6773 recorded at the end of the previous month. The total NAV for the Fund at month-end is now EUR 97.4 million, up from EUR 97.2 million the month prior, showcasing positive financial trends.
Income Generation and Cash Reserves
During this period, the Fund generated a consolidated net rental income of EUR 1.0 million, consistent with the previous month’s figures. Notably, this excludes the impact of any adjustments related to bad debts, signifying a stabilized income stream contributing to overall financial health.
Consolidated Financial Insights
As of the end of the reporting month, the Baltic Horizon Fund’s consolidated cash and cash equivalents remained steady at EUR 6.0 million. The total consolidated assets reached EUR 238.0 million, a slight increase from EUR 237.7 million noted in the previous month. These figures reflect the Fund's diligent asset management and commitment to maintaining liquidity.
Management Overview
The Baltic Horizon Fund operates under the guidance of the experienced manager Tarmo Karotam. With a strong background in real estate investment and management, he has positioned the Fund to navigate market challenges effectively. For any inquiries regarding the Fund's operations, stakeholders can reach him directly via email at tarmo.karotam@baltichorizon.com.
About Baltic Horizon Fund
The Baltic Horizon Fund is a publicly registered closed-end real estate fund, carefully managed by Baltic Horizon Capital AS. The Fund provides a structured approach to real estate investment, enhancing portfolio diversity and capital growth potential.
Frequently Asked Questions
What is the current NAV for Baltic Horizon Fund?
The current NAV per unit of the Baltic Horizon Fund is EUR 0.6783.
How did the Fund’s total net asset value change this month?
The total net asset value increased to EUR 97.4 million from EUR 97.2 million.
What was the rental income generated by the Fund in October?
The Fund generated a consolidated net rental income of EUR 1.0 million in October.
Who can I contact for more information about the Fund?
You can contact Tarmo Karotam at tarmo.karotam@baltichorizon.com.
Who manages the Baltic Horizon Fund?
The Fund is managed by Baltic Horizon Capital AS, led by Tarmo Karotam.