Financial Disclosure Schedule - Baltic Horizon Fund plans to disclose its financial results and hold a general meeting of investors according to a specific schedule in 2026, which includes interim financial statements and audited annual reports [1] - Key dates include: - Interim Financial Statements for 12 months of 2025 on 17 February 2026 - Audited annual report for 2025 on 31 March 2026 - Annual General Meeting of investors on 1 June 2026 - Interim Financial Statements for 6 months of 2026 on 6 August 2026 - Interim Financial Statements for 12 months of 2026 on 17 February 2027 [1] Company Information - Baltic Horizon Fund is a registered contractual public closed-end real estate fund managed by Baltic Horizon Capital AS, which holds an Alternative Investment Fund Manager license [2] - For further inquiries, Tarmo Karotam, the fund manager, can be contacted via email [2] - The fund provides updates and announcements through its website and social media platforms [2]

Core Insights - Hongkong Land is set to launch the Singapore Central Private Real Estate Fund (SCPREF) with over S$8 billion ($6.19 billion) in assets under management at inception, aiming to be the largest private real estate fund in Singapore [4] - The fund will focus on managing commercial properties in Singapore and is expected to be officially announced in the first quarter of 2026 [4] - The fund launch follows the company's recent sale of its interest in Marina Bay Financial Centre Tower 3 to Keppel REIT for nearly S$1.5 billion, aligning with its capital recycling targets [4] - The company plans to transfer its interests in Marina Bay Financial Centre Towers 1 and 2 and One Raffles Quay to the fund, which have a total attributable property value of S$3.9 billion as of June [4] - The fund launch supports Hongkong Land's goal of increasing its assets under management to $100 billion by 2035 [3]

Core Insights - Hongkong Land is launching the Singapore Central Private Real Estate Fund (SCPREF), anticipated to be the largest private real estate fund in Singapore with over S$8 billion (US$6.2 billion) in assets under management [1] - The fund will focus on prime commercial properties in Singapore, including significant stakes in One Raffles Quay and Marina Bay Financial Centre Towers 1 and 2 [1][3] - The transfer of assets to the fund follows the lapse of pre-emptive offers to joint venture partners [2] Asset Details - The total attributable property value of One Raffles Link, Marina Bay Financial Centre Towers 1 and 2, and One Raffles Quay is S$3.9 billion, encompassing 3.2 million sq ft of prime office space [4] - Hongkong Land sold its one-third stake in Marina Bay Financial Centre Tower 3 for approximately S$1.5 billion, which is 2% above the property's valuation as of June [4] Financial Impact - The net proceeds from the sale of Tower 3 will increase Hongkong Land's total capital recycling since 2024 to US$2.8 billion, achieving around 70% of its 2027 target of US$4 billion [5] - SCPREF is expected to launch with more than double the assets of Hongkong Land's seed portfolio, with equity commitments from third-party investors in the final documentation stage [6]

Fund Raising - Cerberus Capital Management seeks $3 billion from investors for its latest real estate fund [1] Investment Strategy - The fund will invest in strategies including non-performing loans [1]