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Summus Capital plans to issue new bond to support regional expansion

9:17 6.06.2025

Summus Capital, the investment firm behind one of the leading commercial real estate portfolio in the Baltics, is planning to announce a new bond to finance the company’s continued expansion and acquisition of new strategic assets. The company’s portfolio currently exceeds € 500 million, and Summus Capital is committed to further growth.

“Our business model is built on a well-diversified and resilient portfolio that spans retail, office, logistics, and, since 2021, the medical sector,” said Aavo Koppel, Member of the Management Board. “In addition to our core markets in the Baltics, we expanded internationally in late 2024 by entering Poland – the fastest-growing economy in Europe – through the acquisition of prime office buildings in Warsaw and Lodz.”

“The capital raised from this new issuance will support our strategic expansion and reinforce our position as a leading commercial real estate investor in the region,” added Koppel. “We see significant growth potential in the commercial real estate sectors of both the Baltics and Poland, and we intend to remain actively involved in shaping that future.”

Unlike real estate developers, Summus Capital owns its properties that generate regular monthly rental revenue, offering long-term stability for investors. The company focuses on income-generating commercial real estate assets with predictable cash flows. Portfolio includes, among others, Veerenni Health Centers in Estonia, Riga Plaza shopping center in Latvia, Park Town business complex and Nordika shopping center in Lithuania, Lakeside office building in Warsaw and React office building in Lodz, Poland.

“Our strength lies in a long-term, well-considered investment strategy based on cash-flow-generating assets and a conservative financial policy. The group operates with transparency and professionalism, a fact consistently recognized by both investors and international credit rating agencies,” said Koppel. In 2024, the company’s credit rating of BB/Stable was reaffirmed, highlighting its continued financial soundness.

With its two previous issues, Summus Capital has issued bonds totaling € 25 million. The new bond issuance follows the company’s successful debut on Nasdaq First North in 2021, that was redeemed in 2024, and a subsequent issuance in 2024. The company once again offers investors an opportunity to participate in the dynamic growth of the Baltic and Central European real estate markets alongside an experienced and trusted partner.

In 2025, Summus Capital was awarded the 2nd place for Best Investor Relations among bond issuers on the First North market – reflecting strong capital markets confidence in the group’s transparency and professionalism.