Summus Capital OÜ is a real estate investment holding group established in 2013 with investments in commercial real estate in all 3 Baltic countries. We have a well-diversified commercial real estate portfolio. We believe that the best way to increase the asset value and wellbeing of tenants and employees is through sustainable management.
We are a well-managed and well-capitalized company with a primary focus on the Baltics. Well diversified commercial real estate portfolio includes properties in retail, office, logistics and medical segments. Our tenants include resilient international players like KPMG, Synlab, Confido, Lindex, RIMI, Maxima, H&M and Apollo.
As of 2Q 2021, Summus Capital portfolio consists of 11 projects in Estonia, Latvia and Lithuania with total net leasable area of 184 thousand m2 and above 300 tenants, portfolio WAULT is 5.5 years and LTV is ca 55%. Portfolio size exceeds 300 MEUR and has ambitious portfolio expansion pipeline. In September 2021, Summus Capital received a first time corporate rating from the rating agency Scope Ratings GmbH of BB (stable).
Investment strategy is based on cash flow generating commercial real estate with long term focus. Class A office buildings, shopping centers & big-box stores, class A warehouse and industrial properties are selected. Summus Capital sees future in sustainable buildings and value add investments. Property requirements are that share of any sector should not significantly exceed 50% of the portfolio, share of anchors in the portfolio’s cash flow is at least 50% and minimum investment size is 10 MEUR.
We are always interested in new projects with prospective partners. Whether you are a financial services provider interested in providing financing, a service provider in the real-estate sector or a real-estate holder looking to sell your property, we look forward to a fruitful and long-term cooperation with you.