Information

FUND TYPE
Closed-end
INVESTOR TYPE
For informed investors only
STRATEGY
Investments into airport hotels in Baltic and CEE countries
TARGET FUND SIZE
100 000 000 EUR
AMOUNT ISSUED
18 500 000 EUR
TARGET RETURN
15-18 %
START DATE
2017 12 11

About

Fund‘s goal: Building a hotel portfolio of mid to upscale branded assets in selected European airport destinations. Geographical focus on Baltics and Central & Eastern Europe with selective locations in Western Europe. Aiming to build a 8-10 hotel portfolio during the fund period and sell it it to strategic hospitality investors, who would be aiming for investment consolidation. In addition to greenfield developments, fund team is actively looking for opportunities to acquire existing airport hotels in key cities with growth and optimization potential. Portfolio projects are developed with a conservative debt level (LTC).

Fund‘s strategies:

  • Develop + Operate + Sell
  • Acquire + Renovate + Reposition + Operate + Sell

 

Primary project criteria:

  • Cities with > 1 million overnight stays per year
  • Yearly airport passenger flow > 3.5 million passengers
  • Limited competition of internationally branded hotels nearby airport terminal
  • Hotel location must be within 1.5 km distance to airport terminal

Team

Laurynas Antropikas
Fund Manager | Airport Hotels Fund

Laurynas Antropikas

Fund Manager | Airport Hotels Fund

EXPERIANCE

  • Orion Securities – Corporate Finance Associate
  • Orion Securities – Financial Analyst Investment Banking
  • Roland George Investment Program – Security Analyst

EDUCATION

  • Stetson University – Bachelor of Finance and Business Administration
Vincas Vosylius
Analyst

Vincas Vosylius

Analyst

EXPERIENCE

  • BaltCap – intern
  • SSE Riga Investment Fund – Portfolio manager

EDUCATION

  • Stockholm School of Economics in Riga – Bachelor of Economics

Documents

Important information

Before making an investment decision, it is advisable to not only think carefully about your investment objectives, but also the risks, fees and costs that the fund incurs. Investments can be both profitable and unprofitable – you can lose part or even all of the amount invested. Historical returns do not guarantee future results. The Fund’s investments in foreign markets are affected by currency fluctuations and changes in the political and economic environment. Funds that focus on a single country or sector, or funds that invest in smaller companies, may experience higher value fluctuations or face liquidity challenges. Investing in emerging markets, real estate, currencies, fixed income instruments or alternative investments carries additional risks. Due to the specifics of some funds, higher capital gains payouts are possible than in other investments. You will find more detailed information on risks in the Fund’s prospectus and rules.

For more information related to the fund, please call +370 621 72826 or e-mail info@1am.lt. Please read the prospectus and other documents related to the fund carefully before investing.

Detailed information about the fund and the management company is provided when logging in to the client area.

Before making an investment decision, it is advisable to not only think carefully about your investment objectives, but also the risks, fees and costs that the fund incurs. Investments can be both profitable and unprofitable – you can lose part or even all of the amount invested. Historical returns do not guarantee future results. The Fund’s investments in foreign markets are affected by currency fluctuations and changes in the political and economic environment. Funds that focus on a single country or sector, or funds that invest in smaller companies, may experience higher value fluctuations or face liquidity challenges. Investing in emerging markets, real estate, currencies, fixed income instruments or alternative investments carries additional risks. Due to the specifics of some funds, higher capital gains payouts are possible than in other investments. More detailed information on risks can be found in the Fund’s prospectus and rules. Detailed information on the fund and the management company is provided when logging in to the client area.

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