Market announcement

EfTEN Real Estate Fund AS

LEI code

4851000008JBI71L7643

Size of the entity

Medium group

Economic activities

Financial and Insurance Activities

Industry sector(s)

Management company

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

16715

Submission date and time

21.11.2024 14:55:50

Content of announcement in Estonian

Title

EfTEN Real Estate Fund AS-i tütarettevõtja omandas ICONFIT tootmis- ja laohoone

Message

Täna, 21.11.2024. a viis EfTEN Paemurru OÜ lõpule tehingu, millega omandas RESTATE gruppi kuuluvalt Teearu Arenduse OÜ-lt Tallinna külje all Harju maakonnas Harku vallas Laabi külas Paemurru tee 3 asuva kinnistu. 
Varasemalt (30.09.2024) on fond teatanud börsile võlaõigusliku müügilepingu sõlmimisest, milles kokkulepitud omandi üleandmise ja asjaõiguslepingu sõlmimise eeldused on täidetud. 

Kinnistu üürnikuks on Balti riikide juhtiv spordi-, dieedi- ja tervisliku toidu tootja ICONFIT (European Foods OÜ), kes asub hoone valmimise järgselt pikaajalise (10 aastat) üürilepingu alusel kasutama kogu ehitatavat hoonet. Ehitustööd toimuvad plaanijärgselt ning on kavandatud lõpule viia 2025. a aprilli lõpuks. Fond saab investeeringust 8,1% üüritootlust. 

Viljar Arakas 
juhatuse liige 
Tel. 655 9515 
E-post: [email protected]

Content of announcement in English

Title

Subsidiary of EfTEN Real Estate Fund AS acquired the ICONFIT production and warehouse

Message

Today, 21.11.2024, EfTEN Paemurru OÜ OÜ finalized the transaction by which the company acquired the property located on Paemurru tee 3, Laabi village, Harju County, Harku Municipality, near Tallinn.    

Previously (30.09.2024), the fund has notified the stock exchange of the conclusion of a contract of sale under the law of obligations. All the agreed preconditions for the transfer of ownership and the conclusion of a real right contract have been met. 
The tenant of the property is ICONFIT (European Foods OÜ), the leading sports, diet and healthy food manufacturer in the Baltic States, who will after the completion of the building use the entire building under a long-term (10-year) lease. Construction works are progressing according to plan and completion of the building is planned by the end of April 2025.  The fund receives a 8.1% rental yield from the investment. 
  
 
   
Viljar Arakas  
Member of the Management Board  
Phone 655 9515  
E-mail: [email protected]