Vilnius Real Estate Portfolio Expands with Meraki Business Home Acquisition

Monday 17th of March 2025 19:50:00

Baltic Horizon Fund Completes Sale of Meraki Business Home in Vilnius, Lithuania

Vilnius, Lithuania, March 17, 2025 - Baltic Horizon Fund (BHF), a real estate investment fund focused on the Baltic region, is pleased to announce that it has successfully completed the sale of Meraki Business Home, a modern office building located in the heart of Vilnius, Lithuania.

The property, which was acquired by BHF in 2020, has been fully leased to a range of prominent tenants, including international companies and local businesses. The sale marks a significant milestone for the fund, which has demonstrated its ability to identify and capitalize on strong investment opportunities in the Baltic region.

"We are thrilled to have completed the sale of Meraki Business Home, which has been an excellent addition to our portfolio," said Mait Metsanurme, CEO of Baltic Horizon Fund. "The property's strong performance and attractive yields have been a testament to our team's expertise and the fund's investment strategy. We are confident that this sale will pave the way for further growth and success for the fund."

Meraki Business Home is a 5,000 square meter office building located in the Vilnius city center, within walking distance of major transportation hubs and amenities. The property features modern amenities, including a rooftop garden, fitness center, and parking facilities, making it an attractive option for businesses seeking a prime location.

The sale of Meraki Business Home is the latest in a series of successful transactions for BHF, which has a proven track record of delivering strong returns to its investors. The fund's investment strategy focuses on acquiring high-quality properties in prime locations, with a strong emphasis on tenant relationships and property management.

Baltic Horizon Fund is a real estate investment fund focused on the Baltic region, with a portfolio of properties in Lithuania, Latvia, and Estonia. The fund is managed by a team of experienced real estate professionals with a deep understanding of the local market and a proven track record of delivering strong returns to its investors.