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
6889
Submission date and time
20.09.2018 23:45:18
Content of announcement in Estonian
Title
Tähesaju kaubanduspargis Hortese aianduskeskuse ehitamisega alustamine
Message
EfTEN Real Estate Fund III AS-i tütarettevõtja EfTEN Tähesaju tee OÜ allkirjastas Mitt & Perlebach OÜ-ga ehituse peatöövõtulepingu Tallinnas Tähesaju kaubanduspargis asuvale kinnistule aianduskeskuse rajamiseks ning alustas ehitustöödega. Ehitatava aianduskeskuse planeeritud valmimine on aprilli lõpp 2019. Aianduskeskuse üürnikuks on AS Hortes, kelle kasutusse jääb kogu rajatav hoone ja kelle eesmärk on avada keskus 01. mail 2019. Projekti kogumaksumus on ligikaudu 5,54 miljonit eurot, millele lisandub käibemaks. Üürilepingu järgne investeeringu puhastootlus ilma võimenduseta on keskuse valmimise järgselt 8,5% aastas. Viljar Arakas juhatuse liige Tel. 655 9515 E-post: [email protected]
Content of announcement in English
Title
Start of construction works of Hortes Gardening Centre in Tähesaju commercial district
Message
EfTEN Tähesaju tee OÜ, a subsidiary of EfTEN Real Estate Fund III AS, signed the general construction agreement with Mitt & Perlebach OÜ for the construction works of the Hortes Gardening Centre in Tähesaju commercial district in Tallinn. The construction works have been started and the planned date of completion of the centre is at the end of April 2019. The single tenant of the gardening centre is AS Hortes occupying the entire building. The new Hortes Gardening Centreis planned to be opened on the 1(st)of May 2019. The total investment to the project is approximately 5,54 million euro, plus VAT. According to the lease agreement the net yield of the investment, without bank leverage, is 8,5% per annum after the center has been completed. Viljar Arakas Member of the Management Board Phone: 655 9515 E-mail: [email protected]