EFT1T EfTEN Real Estate Fund III AS

LHV Pank updated equity research on EfTEN Real Estate Fund AS

LHV Pank updated equity research on EfTEN Real Estate Fund AS

LHV Pank updated the equity research and price target of EfTEN Real Estate Fund AS (EfTEN; EFT1T) shares. According to the analysis, the price target for the share remained in the range of 19 to 20,1 euros. The mid-point of the target range is 2,6% above the last closing price at Nasdaq Tallinn Stock Exchange. The previous price target for the EfTEN Real Estate Fund AS shares was set in September 2023.

LHV forecast on EfTEN Real Estate Fund for this year foresees: (i) EBITDA and dividend will remain at the previous year's level; (ii) low impact of real estate revaluation on fund results; (iii) low vacancy rate of properties; (iv) maintenance of conservative leverage policy.

The analysis report is available on the LHV Pank Financial Portal.

Kristjan Tamla

EfTEN Capital AS

Managing Director

Tel:

E-post:



 



EN
02/05/2024

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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 30.04.20...

The net asset value of EfTEN Real Estate Fund AS shares as of 30.04.2024 EfTEN Real Estate Fund AS earned a consolidated rental income of 2,545 thousand euros in April, which is at the same level as in March. The Fund's consolidated EBITDA for April was 2,175 thousand euros, i.e., 41 thousand euros more than the previous month due to lower administrative and marketing expenses. The total consolidated rental income for the first four months of this year is 10,182 thousand euros, i.e., 1% more than at the same time last year. The Fund's four-month EBITDA this year is 8,636 thousand euros,...

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

EfTEN Real Estate Fund AS’i aktsia puhasväärtus seisuga 30.04.2024

EfTEN Real Estate Fund AS’i aktsia puhasväärtus seisuga 30.04.2024 EfTEN Real Estate Fund AS teenis aprillis 2 545 tuhat eurot konsolideeritud üüritulu, mis on märtsiga samal tasemel. Fondi konsolideeritud EBITDA oli aprillis 2 175 tuhat eurot, s.o seoses madalamate haldus- ja turustuskuludega 41 tuhat eurot rohkem kui kuu varem. Selle aasta esimese nelja kuu konsolideeritud üüritulu on kokku 10 182 tuhat eurot, s.o 1% rohkem kui eelmisel aastal samal ajal. Fondi nelja kuu EBITDA on sellel aastal 8 636 tuhat eurot, mis on samal tasemel eelmise aasta esimese nelja kuu näitajaga. F...

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

LHV Pank updated equity research on EfTEN Real Estate Fund AS

LHV Pank updated equity research on EfTEN Real Estate Fund AS LHV Pank updated the equity research and price target of EfTEN Real Estate Fund AS (EfTEN; EFT1T) shares. According to the analysis, the price target for the share remained in the range of 19 to 20,1 euros. The mid-point of the target range is 2,6% above the last closing price at Nasdaq Tallinn Stock Exchange. The previous price target for the EfTEN Real Estate Fund AS shares was set in September 2023. LHV forecast on EfTEN Real Estate Fund for this year foresees: (i) EBITDA and dividend will remain at the previous year's...

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

EfTEN Real Estate Fund AS unaudited results for 1st quarter 2024

EfTEN Real Estate Fund AS unaudited results for 1st quarter 2024 Signs of stabilization in the Eurozone interest markets and Baltic economies were reflected in the consolidated results of EfTEN Real Estate Fund AS for the first quarter of 2024. The fund's net rental income increased by 0.6% on an annual basis, and the vacancy rate in the real estate portfolio remained low at 2.9%. Interest expenses in the first quarter were higher compared to the same period last year but slightly lower than the fourth quarter of 2023. Construction continued on the elderly home being built next to the Eston...

April 25, 2024 1 EN
 PRESS RELEASE
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EFT1T EfTEN Real Esta...

Change in substantial shareholding

Change in substantial shareholding Pursuant to § 186 of the Securities Market Act, EfTEN Real Estate Fund AS (the Fund) notifies of a change in substantial shareholding. OÜ Hoiukonto has informed the Fund of substantial changes in shareholdings. As of April 15, 2024, OÜ Hoiukonto owns 1,145,192 shares, which represents 10.5842% of the Fund's voting shares. Before the substantial change OÜ Hoiukonto owned 359,370 Fund shares, which represented 3.32% of voting shares. Viljar ArakasMember of the Management BoardPhone 655 9515E-mail:  

April 18, 2024 1 EN

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