NCH Baltics AIFP, established and registered with FCMC in 2021, is a fund manager administering a value-add real estate opportunity fund, NCH Baltic Real Estate Opportunity Fund I which targets primarily cash flowing urban logistics properties in Estonia, Latvia, and Lithuania at acquisition costs below their replacement values. NCH Baltics AIFP is a part of the NCH Capital Inc. group of funds (nchcapital.com).
One of the earliest and most significant US investors into the Baltics and Eastern Europe
Outstanding reputation – preferred counterparty among buyers, sellers, tenants
Most experienced real estate team (domuss.lv) in Latvia; on-the-ground presence and execution since 1995 with 550+ real estate transactions and over € 500 million deployed
Previous projects include : abava.lv rigaplaza.lv gipsafabrika.lv
Current projects include : felicityapartments.lv mezaparks.lv ciemati.lv
The Fund pursues Value-add and Opportunistic strategies:
Assets to be improved via re-leasing, operational efficiencies, and/or redevelopment. Appreciation is expected to be a significant part of the overall investment strategy.
Assets involving repositioning and redeveloping poorly operated, vacant, or outdated buildings. Appreciation is expected to dominate the investment strategy; much of the return may occur at the end of the holding period.
Warehouse and Office complex
Building total area- 6333 m2
Leasable warehouse area- 5283 m2
Leasable office area- 773 m2
2023
Warehouse and Office complex
Leaseable warehouse area- 5813 m2
Leaseable office area- 626 m2
2022
Warehouse and office
Total building area- 1589 m2
Leaseable warehouse area- 827 m2
Leaseable office area- 681 m2
2024
Principal
Principal
Chairman of the Board
Member of the Board
Member of the Board
Legal/AML
Chief Financial and Sustainability Officer
Investment of the Fund’s assets and asset management are carried out taking into account the considerations promoting sustainability characteristics, and therefore the Fund is recognized as an ‘Article 8’ fund as per EU’s Regulation 2019/2088 “On sustainability‐related disclosures in the financial services sector” and on sustainability issues the fund qualifies as a “light green” fund.
14/06/2024
NCH Baltics AIFP, the manager of NCH Baltics Opportunity Fund I AIF, has announced the purchase of a third property – a warehouse and office building at 10 Siltuma Street, Riga. With this, the Fund is continuing its investments in industrial and logi ...
26/09/2023
NCH Baltics AIFP, the fund manager for the NCH Baltics Opportunity Fund I AIF (the “Fund"), announces the acquisition of its second property – a warehouse and office complex on Ganibu Dambis 25d in Riga, Latvia. ...
15/05/2023
"Real estate developers have always complained about the low level of lending in Latvia. It is difficult to find another country where it is so low," said Kārlis Cerbulis, head of the investment fund group NCH Riga office, in an interview with Delfi. ...
05/08/2022
The alternative investment fund NCH Baltics Opportunity Fund I AIF has purchased its first industrial property for approx. 2.5 million euros in Riga, Buļļu Street 51b. The warehouse complex at the intersection of Buļļu and Kleistu Streets ...
“Mezaparka Offices”
Kelnes Street 1, Riga, LV-1014, Latvia
info@nchbaltics.lv