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 price sensitive information

Unique data record identifier

18248

Submission date and time

26.02.2026 08:00:00

Content of announcement in Estonian

Title

Tartumaal hooldekodu „Tartu Südamekodu“ laiendamine

Message

25.02.2026 jõudsid  fondi  tütarettevõte  EfTEN  Ermi  OÜ ja Tartu Südamekodu OÜ
kokkuleppele  Tartumaal, Tartu  vallas, Tila  külas, aadressil  Ermi tn 13 asuva
hooldekodu laiendamises, mille tulemusel lisandub 72 täiendavat voodikohta.

Varasemalt  poolte  koostöös  rajatud  ?Tartu Südamekodu" hooldekodus osutatakse
klientidele  teenuseid alates 2024. aasta  augustist ning hoones  on praegu 180
voodikohta. Hooldekodu saavutas eelmise aasta lõpuks maksimaalse täituvuse.

Juurdeehituse rajamiseks on plaanis taotleda ehitusluba 2026. aasta II kvartalis
ning  seejärel viia  läbi ehitushange  eesmärgiga saavutada  laienduse valmimine
2027. aasta  juuniks. Pärast  valmimist  võtab  Tartu Südamekodu ehitatava hoone
osa  täiendavalt kogu mahus  üürile. Juurdeehituse eeldav  maksumus on ligikaudu
2,75 miljonit eurot, millele lisandub käibemaks.

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

Content of announcement in English

Title

Expansion of the elderly care home “Tartu Südamekodu” in Tartu County

Message

On February 25, 2026, the fund's subsidiary EfTEN Ermi OÜ and Tartu Südamekodu
OÜ reached an agreement on the expansion of the elderly care home located at
Ermi tn 13, Tila village, Tartu municipality, Tartu County. As a result, 72
additional beds will be added.

The "Tartu Südamekodu" elderly care home, developed through the parties'
previous cooperation, has been providing services to clients since August 2024
and currently comprises 180 beds. By the end of last year, the facility had
reached full occupancy.

It is planned to apply for a building permit for the construction of the
extension in the second quarter of 2026 and then conduct a construction
procurement, with the aim of completing the extension by June 2027. Tartu
Südamekodu will then rent out the entire part of the building under
construction. The estimated cost of the extension is approximately 2.75 million
euros, plus VAT.


Viljar Arakas
Member of the management board
Ph. 655 9515
E-post: [email protected]