Tuesday, 02 January 2024 12:17 GMT

Baltic Horizon Fund Subsidiary BOF Sky SIA Received Notice Of Lease Agreement Termination


(MENAFN- GlobeNewsWire - Nasdaq) Baltic Horizon Capital AS, the management company, hereby informs that the subsidiary of the Baltic Horizon Fund BOF Sky SIA has received a notice on the termination of the lease agreement from its tenant Skai Baltija, which operates a shop in the size of approximately 2,600 sq.m in Riga.

This termination intention with the effective date at the end of January 2026 is not permitted and is considered without a ground by the management company, as the unbreakable lease terms under valid lease agreement runs until the end of 2029.

If necessary, the Fund will dispute this termination in courts and will pursue compensation of any losses the Fund as lessor would be incurring in case this illegal termination is indeed pursued by the tenant.

For additional information, please contact:

Tarmo Karotam
Baltic Horizon Fund manager
E-mail ...

Baltic Horizon Fund is a registered contractual public closed-end real estate fund managed by Alternative Investment Fund Manager license holder Baltic Horizon Capital AS.

Distribution: GlobeNewswire, Nasdaq Tallinn,

To receive Nasdaq announcements and news from Baltic Horizon Fund about its projects, plans and more, register on . You can also follow Baltic Horizon Fund on LinkedIn and YouTube.


MENAFN05122025004107003653ID1110441748



GlobeNewsWire - Nasdaq

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search