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
Does the information contain personal data?
No
Is the data provided voluntary or not?
No
Original language of the information to be provided
Estonian
Is information covering a period?
No
The date to which the information relates
14.08.2026
Version
1
Unique data record identifier
18880
Submission date and time
14.08.2026 09:21:11
Content of announcement in Estonian
Title
Enlight Research uuendas EfTEN Real Estate Fund AS-i aktsiaanalüüsi
Message
Enlight Research uuendas EfTEN Real Estate Fund AS-i (EfTEN; EFT1T) aktsiaanalüüsi. Analüüsi kohaselt on aktsia õiglane väärtus baasstsenaariumi kohaselt 22,79 eurot. See on 0,4% kõrgem võrreldes Enlight Research’i poolt veebruaris avaldatud analüüsiga ja pea 16% kõrgem võrreldes aktsia viimase sulgemishinnaga Tallinna Väärtpaberiturul.
Enlight Research toob seekord välja EfTEN Real Estate Fund AS-i võrdluste teiste Balti- ja Põhjamaade noteeritud kinnisvaraettevõtetega. Selle kohaselt on: (i) fondi kinnisvaraportfell hinnastatud ligikaudu 8%-se tootluse määraga, mis on võrdlusgrupi kõrgeim; (ii) vakantsus alanenud 2% lähedale, mis on võrdlusgrupi osas paremuselt teine näitaja. Lisaks toob Enlight Research EfTEN Real Estate Fund AS-i puhul välja järgmised aspektid: (i) stabiilne 6% suurune dividendimäär; (ii) tänavuse aasta esimesel poolel toimunud kinnisvaratehingud suurendavad fondi tulubaasi.
Analüüs on leitav EfTEN Real Estate Fund AS-i kodulehel ja Enlight Research’i kodulehel.
Kristjan Tamla
EfTEN Capital AS
Tegevjuht
Tel: 655 9515
E-post: [email protected]
Content of announcement in English
Title
Enlight Research updated equity research on EfTEN Real Estate Fund AS
Message
Enlight Research updated the equity research and price target of EfTEN Real Estate Fund AS (EfTEN; EFT1T) shares. According to the analysis, the fair value of the share is 22.79 euros under the base scenario. This is 0.4% higher as compared to the analysis published by Enlight Research in February and almost 16% higher compared to the last closing price of the stock on the Tallinn Stock Exchange.
Enlight Research this time highlights comparisons of the EfTEN Real Estate Fund AS with other listed real estate companies in the Baltic and Nordic countries. According to this: (i) the fund's real estate portfolio is priced at a yield of approximately 8%, which is the highest in the peer group; (ii) vacancy has fallen close to 2%, which is the second-best figure in the peer group. In addition, Enlight Research points out the following aspects regarding EfTEN Real Estate Fund AS: (i) a stable dividend rate of 6%; (ii) the real estate transactions carried out in the first half of this year increase the fund's revenue base.
The analysis can be found on the website of EfTEN Real Estate Fund AS and the website of Enlight Research.
Kristjan Tamla
EfTEN Capital AS
Managing Director
Tel: +372 655 9515
E-post: [email protected]