EFT1T EfTEN Real Estate Fund III AS

Enlight Research updated equity research on EfTEN Real Estate Fund AS

Enlight Research updated equity research on EfTEN Real Estate Fund AS

Enlight Research updated the equity research and price target of EfTEN Real Estate Fund AS (EfTEN; EFT1T) shares. According to the analysis, the fair value of the share is 22.51 euros under the base scenario. This is almost unchanged as compared to the analysis published by Enlight Research in February and almost 4 euros higher compared to the last closing price of the stock on the Tallinn Stock Exchange.

Enlight Research points out the following aspects regarding EfTEN Real Estate Fund AS: (i) a steadily low vacancy level; (ii) decreasing interest expenses and the resulting positive effect on profitability and free cash flow; (iii) attractive dividend yield; (iv) conservatively priced real estate portfolio.

The analysis can be found on the website of and the website of .



Kristjan Tamla 

EfTEN Capital AS 

Managing Director 

Tel:  

E-post:  











EN
02/09/2024

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EFT1TEfTEN Real Estate Fund III AS

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Reports on EfTEN Real Estate Fund III AS

 PRESS RELEASE
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EFT1T EfTEN Real Esta...

The net asset value of EfTEN Real Estate Fund AS shares as of 31.08.20...

The net asset value of EfTEN Real Estate Fund AS shares as of 31.08.2024 EfTEN Real Estate Fund AS earned 2,577 thousand euros consolidated rental income in August, which is 4 thousand euros more compared to July. The fund's consolidated EBITDA in August was 2,165 thousand euros, which is 54 thousand euros lower than the previous month. The decrease in consolidated EBITDA was due to a provision related to the sale of the Tähesaju Hortese property. In August, the fund’s subsidiary received a prepayment of 200 thousand euros in connection with the conclusion of a conditional sales agreement f...

September 10, 2024 1 EN
 PRESS RELEASE
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EFT1T EfTEN Real Esta...

EfTEN Real Estate Fund AS considers new public offering of shares

EfTEN Real Estate Fund AS considers new public offering of shares The management board of EfTEN Real Estate Fund AS presented to the supervisory board a proposal for issuing new shares, the purpose of which is to finance new planned acquisitions. The volume of the issue is initially planned to be 10% of the fund's current equity capital (approximately 20 million euros), which in case of oversubscription can be upsized to 15% of the fund's equity capital (approximately 30 million euros). The fund is considering issuing new shares at a price that corresponds to the 60-day simple average clos...

September 5, 2024 1 EN
 PRESS RELEASE
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EFT1T EfTEN Real Esta...

EfTEN Real Estate Fund AS plaanib uute aktsiate avalikku emiteerimist

EfTEN Real Estate Fund AS plaanib uute aktsiate avalikku emiteerimist EfTEN Real Estate Fund AS-i juhatus esitles nõukogule ettepanekut uute aktsiate emiteerimiseks, mille eesmärgiks on uute kavandatavate investeeringute finantseerimine. Emissiooni esialgseks mahuks on planeeritud 10% fondi praegusest omakapitalist (ligikaudu 20 miljonit eurot), mida võidakse ülemärkimise korral suurendada kuni 15%-ni fondi omakapitali mahust (ligikaudu kuni 30 miljonit eurot). Fond kaalub uute aktsiate emiteerimist hinnaga, mis vastab fondi aktsia 60 päeva aritmeetilisele keskmisele sulgemishinnale Nasdaq ...

September 5, 2024 1 EN
 PRESS RELEASE
Free
EFT1T EfTEN Real Esta...

Enlight Research updated equity research on EfTEN Real Estate Fund AS

Enlight Research updated equity research on EfTEN Real Estate Fund AS Enlight Research updated the equity research and price target of EfTEN Real Estate Fund AS (EfTEN; EFT1T) shares. According to the analysis, the fair value of the share is 22.51 euros under the base scenario. This is almost unchanged as compared to the analysis published by Enlight Research in February and almost 4 euros higher compared to the last closing price of the stock on the Tallinn Stock Exchange. Enlight Research points out the following aspects regarding EfTEN Real Estate Fund AS: (i) a steadily low vacancy ...

September 2, 2024 1 EN
 PRESS RELEASE
Free
EFT1T EfTEN Real Esta...

Enlight Research uuendas EfTEN Real Estate Fund AS-i aktsiaanalüüsi

Enlight Research uuendas EfTEN Real Estate Fund AS-i aktsiaanalüüsi Enlight Research uuendas EfTEN Real Estate Fund AS-i (EfTEN; EFT1T) aktsiaanalüüsi ja aktsia hinnasihti. Analüüsi kohaselt on aktsia õiglane väärtus baasstsenaariumi kohaselt 22,51 eurot. See on sisuliselt samal tasemel Enlight Research’i poolt veebruaris avaldatud analüüsiga ja pea 4 eurot kõrgem võrreldes aktsia viimase sulgemishinnaga Tallinna Väärtpaberiturul.  Enlight Research toob EfTEN Real Estate Fund AS-i puhul välja järgmised aspektid: (i) stabiilselt madalal püsiv vakantsuse tase; (ii) intressikulude langus ...

September 2, 2024 1 EN

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