Overview of Baltic Horizon Fund's Recent Financial Performance
The Baltic Horizon Fund has demonstrated resilience amidst fluctuating market conditions, with its net asset value (NAV) slightly decreasing to EUR 0.6773 by the end of September 2025, down from EUR 0.6784 at the end of August 2025. This change reflects the overall dynamics in the real estate sector while maintaining a stable fund value.
Performance Metrics of the Fund
As of September 30, 2025, the total net asset value of the Fund reached EUR 97.2 million, indicating a minor decline compared to EUR 97.4 million in the prior month. Notably, the EPRA NRV stood at EUR 0.7224 per unit, providing investors with a clear perspective on the underlying asset values.
Rental Income Analysis
In terms of rental income, the Fund generated a consolidated net rental income of EUR 1.0 million during September 2025. This figure represents a decrease from EUR 1.1 million in August, reflecting a proactive approach towards managing risks associated with bad debts. A specific allowance for bad debts amounting to EUR 0.5 million has been made as part of a conservative debtor risk management strategy. This is a strategic measure aimed at mitigating potential risks and ensuring long-term sustainability.
Effective Debts Management
Management reported successful recoveries of EUR 0.3 million in outstanding debts during September, showcasing effective strategies in place to manage financial risks. Looking ahead, there are no anticipated material bad debt provisions expected by the end of the year, indicating a positive outlook for the Fund's financial health.
Cash and Asset Overview
At the close of September 2025, the Fund’s consolidated cash and cash equivalents had risen to EUR 6.0 million, up from EUR 5.8 million in August. The total consolidated assets amounted to EUR 237.7 million, also showing stability as compared to the previous period's total of EUR 238.2 million.
Management and Contact Information
This Fund operates as a registered contractual public closed-end real estate fund, managed by Northern Horizon Capital AS, a licensed Alternative Investment Fund Manager. For further inquiries, stakeholders can reach out to:
Tarmo Karotam
Baltic Horizon Fund Manager
E-mail: tarmo.karotam@nh-cap.com
Website: www.baltichorizon.com
Frequently Asked Questions
What is the current NAV of Baltic Horizon Fund?
The NAV of Baltic Horizon Fund is currently EUR 0.6773 as of the end of September 2025.
How has the rental income changed for the Fund?
The Fund generated EUR 1.0 million in rental income for September 2025, down from EUR 1.1 million in August 2025.
What are the Fund's total assets?
The total consolidated assets of Baltic Horizon Fund are EUR 237.7 million as of September 30, 2025.
Who manages the Baltic Horizon Fund?
Baltic Horizon Fund is managed by Northern Horizon Capital AS, which is an Alternative Investment Fund Manager.
How can I contact the Baltic Horizon Fund?
You can contact Tarmo Karotam at tarmo.karotam@nh-cap.com for more information.
