Market announcement
EfTEN United Property Fund / EFTEN Capital AS
LEI code
984500E070A0V4E8CO64
Size of the entity
Small group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Management company
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
10273
Submission date and time
27.04.2023 08:25:00
Content of announcement in Estonian
Title
Uus-Järveküla OÜ sõlmis Uus-Järveküla elurajooni esimese etapi ehituse finantseerimiseks laenulepingu summas 15,432 miljonit eurot
Message
26. aprillil 2023. aastal allkirjastasid EfTEN United Property Fundi poolt rahastatav Uus-Järveküla OÜ ja Coop Pank AS laenulepingu summas 15,432 miljonit eurot. 1,5 aastase tähtajaga laenu eesmärk on Uus-Järveküla elurajooni esimese etapi ehituse rahastamine. Uus-Järveküla arenduse esimeses etapis ehitatakse välja 86 ridaelamut, millest on klientide poolt tänaseks 52 broneeritud. Kokku rajatakse Uus-Järvekülla 149 ridaelamut ja 16 paarismaja netopinnaga ca 18 000 m2. ?Uus-Järveküla elurajoon on eelkõige suunatud peredele, kellele nende esimene kodu on pere kasvades kitsaks jäämas. Suuresti on see täna 30ndatesse eluaastatesse jõudnud n.n laulva revolutsiooni ajal sündinud Eesti demograafiliselt suurim põlvkond. Projekt konkureerib eelkõige Tallinna suuremate korteritega. On hea meel tõdeda, et viimase poolaasta jooksul alanenud ehitushindade ning projekti mastaapsuse toel, saame Uus-Järvekülas pakkuda soodsamaid müügihindu võrreldes konkureerivate projektidega. See on ka ilmselt põhjuseks, miks vaatamata tehingute arvu vähenemisele kinnisvaraturul viimase poolaasta jooksul, on klientide poolne huvi Uus-Järveküla arenduses broneerimislepingute sõlmimiseks jätkunud," kommenteeris EfTEN Capitali jaeärisuuna juht Kristjan Tamla Uus-Järveküla elurajooni arendajaks on OÜ Invego, kellel on pikaajaline ja edukas kogemus elukondliku kinnisvara arendamisel. EfTEN United Property Fund on arenduse rahastajaks, omades elurajooni arenduses 80% suurust osalust. Kristjan Tamla Jaeärisuuna juht Tel: 655 9515 E-post: [email protected] (mailto:[email protected])
Content of announcement in English
Title
Uus-Järveküla OÜ concluded a loan agreement in the amount of 15.432 million euros to finance the construction of the first stage of the Uus-Järveküla residential area
Message
On April 26, 2023, Uus-Järveküla OÜ, financed by EfTEN United Property Fund, and Coop Pank AS signed a loan agreement in the amount of 15.432 million euros. The purpose of the loan with a term of 1.5 years is to finance the construction of the first stage of the Uus-Järveküla residential development. In the first stage of the Uus-Järveküla development, 86 terraced houses will be built, of which 52 have been booked by customers to date. A total of 149 terraced houses and 16 semi-detached houses with a net area of approx. 18,000 m2 will be built in Uus-Järveküla. "Uus-Järveküla residential area is primarily aimed at families for whom their first home is becoming too small as the family grows. To a large extent, it is the demographically largest generation in Estonia born during the so-called singing revolution who have reached their 30s today. The project primarily competes with larger apartments in Tallinn. We are happy to say that thanks to the reduced construction prices during the last six months and the scale of the project, we can offer more favorable sales prices in Uus-Järveküla compared to competing projects. This is also probably the reason why, despite the decrease in the number of transactions on the real estate market during the last six months, the client interest towards the Uus-Järveküla development has continued," commented Kristjan Tamla, head of retail business at EfTEN Capital. The developer of the Uus-Järveküla residential area is OÜ Invego, which has a long and successful experience in developing residential real estate. EfTEN United Property Fund is the financier of the development, having an 80% stake in the development of the residential area. Kristjan Tamla Head of Retail Phone 655 9515 E-mail: [email protected] (mailto:[email protected])