Laurus S. à r.l. is a joint venture between Partners Group and Northern Horizon Capital to develop and manage a property portfolio in the Baltic States and Gdansk, Poland.
The original portfolio was acquired in February 2015 and has an unlimited term. Under its previous ownership structure (NHC-managed fund Optima) the properties in this portfolio have been managed by the same team for the last 7-10 years. Subsequently an add-on investment was made in March 2016, by acquiring the Baltic headquarters of SEB as well as a larger number of other smaller commercial properties.
Partners Group is a global private markets investment manager (www.partnersgroup.com). The investment is carried out on behalf of its clients.
Laurus aims to maximize the total return to its investors over the medium term through active asset management of its initial investment portfolio. It is not actively seeking but may invest into additional properties in the Baltic capitals, especially if such investments would deliver tangible synergies with the properties already owned at the time.
The only investment of Laurus in Poland was a landmark urban regeneration project on the city-center waterfront location, in the historic shipyards of the City of Gdansk (www.ycgdansk.com)
News and information disclosure
Laurus is not subject to external regulation by supervisory authorities in any of its jurisdictions and is not marketed as an investment product to the third parties. Laurus will only publish through this website and to relevant media channels general updates on important developments in its investment portfolio.
Property Sector Country City AquiredProperty Valge Maja BC Sector Office Country Estonia City Tallinn Aquired 03/02/2015 Property Olimpia Sector Development Retail Country Latvia City Rīga Aquired 03/02/2015 Property Vokieciu 9, Vilnius Sector Office Retail Country Lithuania City Vilnius Aquired 23/03/2016 Property Ukmerges 20, Panevezys Sector Office Country Lithuania City Panevėžys Aquired 23/03/2016 Property Tornimae 2, Tallinn Sector Office Retail Country Estonia City Tallinn Aquired 23/03/2016 Property Tilzes 157, Siauliai Sector Office Country Lithuania City Šiauliai Aquired 23/03/2016 Property Ruutli 40a, Parnu Sector Office Country Estonia City Parnu Aquired 23/03/2016 Property Meistaru 1, Riga Sector Office Country Latvia City Riga Aquired 23/03/2016 Property Laisves 82, Kaunas Sector Office Retail Country Lithuania City Kaunas Aquired 23/03/2016 Property Gedimino 12, Vilnius Sector Office Retail Country Lithuania City Vilnius Aquired 23/03/2016 Property Dzirnavu 5, Kuldiga Sector Office Retail Country Latvia City Kuldiga Aquired 23/03/2016 Property Brivibas 12, Dobele Sector Office Retail Country Latvia City Dobele Aquired 23/03/2016 Property Aia 5, Valga Sector Office Country Estonia City Valga Aquired 23/03/2016
This investment portfolio is managed by Northern Horizon Capital, Investment manager in charge is Antanas Anskaitis