This is the company’s third bond issuance and, for the first time, retail investors in Estonia, Latvia, and Lithuania can participate. The bonds offer an 8% annual interest rate with quarterly payments. The nominal value of one bond is €1,000, with a maturity of four years.
“A diversified commercial real estate portfolio with strong tenants, transparent management, and a track record of reliability has made Summus a trusted name in the bond market. Now, for the first time, retail investors have the opportunity to participate in this cash flow. A solid return and clear terms make this offer attractive to many investors seeking stable and comprehensible opportunities to grow their capital,” commented Silver Kalmus, Head of Bond Markets at LHV.
Summus Capital’s offering is based on a prospectus approved by the Estonian Financial Supervision Authority, and the company plans to list the bonds on the Nasdaq Tallinn Baltic Bond List. The offering is organized by LHV Bank and Signet Bank, with Orion Securities as co-manager and Sorainen law firm as legal advisor.
“In recent years, we’ve demonstrated that stable cash flow and conservative management allow us to grow successfully even in changing economic conditions. We invest selectively but with ambition, and the capital raised through this offering will help us strengthen the quality of our portfolio and expand our regional footprint in the Baltics and Poland,” said Aavo Koppel, Member of the Management Board of Summus Capital.
Summus Capital group, founded in 2013, is one of the leading real estate investment companies in the Baltics and has been operating in Poland since 2024. The company’s portfolio includes 15 high-quality commercial real estate properties in Estonia, Latvia, Lithuania, and Poland. The total rental area exceeds 253,000 square meters, and the total asset value surpasses €500 million. The portfolio covers retail, office, logistics, and medical properties, with more than 435 tenants. Occupancy across the portfolio is above 98%, with most income generated by anchor tenants.
Summus Capital entered the Polish market at the end of 2024, acquiring modern commercial real estate properties in Warsaw and Łódź. Poland is considered one of the most attractive real estate markets in Central and Eastern Europe, with continued strong demand for quality commercial space. According to the company, the expansion into Poland offers new growth opportunities and balances regional risks in the Baltic market by diversifying the portfolio.
In 2024, Summus Capital’s credit rating of BB/Stable was confirmed by an international rating agency, reflecting the company’s ongoing financial strength.
To subscribe to the bonds, investors must submit a subscription order through a financial institution in the Baltic region where they hold a securities account. This can typically be done via internet banking or by contacting the bank directly to confirm the exact subscription procedure and deadline, which may vary by institution.
This announcement constitutes a securities advertisement within the meaning of EU Regulation 2017/1129/EU and does not constitute a sales offer or invitation to subscribe for the bonds. Before making an investment decision, investors are advised to review the bond offering and listing prospectus and bond terms published on Summus Capital’s website (https://summus.ee/for-investors/) to fully understand the benefits and risks associated with investing in these bonds. Professional advice is recommended where necessary.
Summus Capital OÜ (www.summus.ee) is a real estate investment holding group established in 2013. The group owns a portfolio of 15 real estate assets across the Baltic countries and Poland, covering retail, office, logistics, and healthcare sectors. The company manages over 253,000 square meters of rental space with a total asset value exceeding €500 million. Summus Capital’s real estate portfolio and investment strategy are managed by Zenith Family Office.