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
6404
Submission date and time
08.12.2017 11:36:08
Content of announcement in Estonian
Title
Aktsia puhasväärtus novembris
Message
EfTEN Real Estate Fund III AS finantstulemused 2017. aasta novembris vastasid
juhtkonna ootustele. Fondi müügitulu oli novembris 617 tuhat eurot (oktoobris
609 tuhat eurot) ning EBITDA 456 tuhat eurot (oktoobris 457 tuhat eurot).
Novembri positiivseima tulemusena võib märkida 614m2 vakantse pinna üürile
andmist Lindexi rõivakauplusele Saules Miestase kaubanduskeskuses.
Kinnisvaraportfelli vakantsus vähenes nimetatud üürilepingu sõlmimisel 0,5%-ni
kogu üüripinnast. Lindex alustas üüri tasumist 30. novembril.
2017. aasta 11 kuu jooksul on EfTEN Real Estate Fund III teeninud 5,13 miljonit
eurot EBITDA-d, millest on kaetud intressikulu ja laenumakseid summas 2,5
miljonit eurot. Arvestades Fondi dividendipoliitikat, kuuluks sellest summast
brutodividendide arvestusse 2,1 miljonit eurot (eelmisel aastal 11 kuu jooksul:
1,5 miljonit eurot), mis praeguse aktsiate arvu juures tähendaks 64-sendist
(bruto)dividenditulu ühe aktsia kohta.
EfTEN Real Estate Fund III AS konsolideeritud varade maht seisuga 30.11.2017
oli 95 819 tuhat eurot ning omakapital 46 024 tuhat eurot.
EfTEN Real Estate Fund III NAV (aktsia puhasväärtus) seisuga 30.11.2017 oli
14,28 eurot. NAV kasvas oktoobri lõpuga võrreldes 0,9%.
Marilin Hein
Finantsjuht
Tel: 655 9515
E-post: [email protected]
Content of announcement in English
Title
Share Net Asset Value in November
Message
The financial results of EfTEN Real Estate Fund III met management expectations
on November 2017. Fund’s sales income was 617 thousand euros (October: 609
thousand euros) and EBITDA 456 thousand euros (October: 457 thousand euros). As
the most positive change in November, there is important to note that 614m2 has
rented out to clothing store Lindex from 30th of November 2017 in Saules
Miestas shopping center. The vacancy of investment properties portfolio fell to
0,5% after the change, calculated from total net leasable area.
During the first 11 months 2017, EfTEN Real Estate Fund III is gained EBITDA
for 5,13 million euros, of which interest expense and loan annuity payments are
covered in the amount of 2,5 million euros. Considering the dividend policy of
EfTEN Real Estate Fund III, the gross dividends from that amount would be 2,1
million euros (LY 11 months: 1,5 million euros), which is equal to 64 cents per
share, based on the total shares of the Fund.
The consolidated asset value of EfTEN Real Estate Fund III was 95 819 thousand
euros and equity was 46 024 thousand euros as of 30.11.2017.
The Fund’s Net Asset Value per share (NAV) as of 30.11.2017 is 14,28 euros. NAV
is increased, compared to the end of October, by 0,9%.
Marilin Hein
CFO
Phone: 655 9515
E-mail: [email protected]