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
Notifications of major holdings
Unique data record identifier
18763
Submission date and time
01.07.2026 08:05:00
Content of announcement in Estonian
Title
EfTEN United Property Fund müüb Vilniuses asuva Menulio 7 büroohoone
Message
EfTEN United Property Fund sõlmis M7 investicijos UAB-ga (Leedu ettevõtteregistri kood 307671275) tütarettevõtte EfTEN M7 UAB, mis omab Vilniuses Menulio 7 asuvat büroohoonet, müügilepingu. Tehing on struktureeritud tütarettevõtte 100%-lise osaluse müügina. Müügilepinguga seoses tagastatakse täielikult EfTEN M7 UAB pangalaen ning ostja tagastab hiljemalt 17 kuu jooksul EfTEN United Property Fundi omaniklaenu summas 2,899 miljonit eurot. Seejuures on omaniklaenu intress esimese 12 kuu jooksul 9% aastas ning edaspidi 12% aastas. Laenu tagatiseks seatakse fondi kasuks Menulio 7 kinnistule esimese järjekoha hüpoteek. EfTEN United Property Fund investeeris 2022. aasta alguses Menulio 7 büroohoone omandamisse 3,598 miljonit eurot. Koos tänaseks investeeringult laekunud dividendide ja intressidega teenib fond müügitehingu lõpule viimisel 760 tuhat eurot kasumit. Tehinguga eesmärgiks on büroosegmendi investeeringute osakaalu vähendamine. Müügist saadavad vahendid on plaanis investeerida uutesse äriprojektidesse. Fond on hetkel läbirääkimistes ühe elukondliku arendusprojekti osas Rae vallas ning kaubanduskeskuse omandamise osas Riias. Kristjan Tamla Tegevjuht Tel: 655 9515 E-post: [email protected] (mailto:[email protected])
Content of announcement in English
Title
EfTEN United Property Fund sells the Menulio 7 office building in Vilnius
Message
EfTEN United Property Fund has entered into a sale agreement with UAB M7 investicijos (Lithuanian company registry code 307671275) for the sale of its subsidiary EfTEN M7 UAB, which owns the office building at Menulio 7 in Vilnius. The transaction is structured as a share deal selling the 100% subsidiary. Under the sale agreement, the buyer will immediately return in full the bank loan of EfTEN M7 UAB and, within 17 months at the latest, the shareholder loan from EfTEN United Property Fund in the amount of EUR 2.899 million. The shareholder loan bears interest of 9% per annum during the first 12 months and 12% per annum thereafter. To secure the loan, a first-ranking mortgage will be placed on the property at Menulio 7 in favour of the fund. EfTEN United Property Fund invested EUR 3.598 million in the acquisition of the Menulio 7 office building at the beginning of 2022. Together with the dividends and interest received from the investment to date, the fund will earn a profit of 760 thousand euros upon completion of the sale transaction. The purpose of the transaction is to reduce the share of office segment investments. The proceeds from the sale are planned to be reinvested into new projects. The fund is currently in negotiations regarding the investment into a residential development project at Rae municipality in Estonia and into the acquisition of a retail centre in Riga. Kristjan Tamla Managing Director Phone: 655 9515 E-mail: [email protected] (mailto:[email protected])