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Lords LB Baltic Fund III

About the fund

The closed-end real estate investment fund Lords LB Baltic Fund III was launched on the 30th May 2012 with an aim to acquire and manage commercial retail property, mainly Hypermarkets in the Baltic states. Fund’s main goal is to provide investors with a steady stream of income in the form of dividend payments throughout the holding period of the fund. Fund currently owns 11 properties.

Structure
Closed-end real estate investment fund
Strategy
Value-added
Target
Commercial real estate
Geography
The Baltic States - Estonia, Latvia, Lithuania
Fund size
EUR 50'000'000
Committed capital
EUR 46'694'250
Start date
2012 05 30
Term
7 years (+2)
Target return
20%
Expected annual dividend
5% of nominal value

Fund performance

Payouts mln. €
Net Asset Value of one fund unit in €
show:
1 year
6 months
2 years
Since inception