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 corporate action
Unique data record identifier
7102
Submission date and time
11.02.2019 16:05:00
Content of announcement in Estonian
Title
EfTEN Real Estate Fund III AS aktsia puhasväärtus seisuga 31.01.2019
Message
EfTEN Real Estate Fund III AS teenis jaanuaris 759 tuhat eurot müügitulu, mis on 10% vähem kui kuu varem. Madalam tulu on seotud Saules Miestase kaubanduskeskuses detsembris arvutatava aastase käibeüüriga. Fondi EBITDA oli jaanuaris kokku 617 tuhat eurot, mis on 7% rohkem kui detsembris. Kõrgem EBITDA tulenes jaanuarikuu madalamatest müügi- ja üldhalduskuludest. Fondi puhaskasum on 2019. aasta jaanuaris 432 tuhat eurot (2018 detsember: 951 tuhat eurot). Väiksem puhaskasum kuu varasemaga võrreldes tulenes peamiselt detsembris kajastatud kinnisvarainvesteeringute ümberhindluse kasumist summas 600 tuhat eurot. Lähtudes fondi dividendipoliitikast, mis näeb ette, et vabast rahavoost tasutakse minimaalselt 80% aktsionäridele dividendideks, saaks fond maksta 2019. aasta jaanuari kasumilt kokku dividende 220 tuhat eurot (7 senti aktsia kohta). EfTEN Real Estate Fund III AS-i konsolideeritud varade maht oli 31.01.2019 seisuga 108,8 miljonit eurot (31.12.2018: 108,5 miljonit eurot) ning omakapital 50,9 miljonit eurot (31.12.2018: 50,5 miljonit eurot). EfTEN Real Estate Fund III AS-i aktsia puhasväärtus (NAV) seisuga 31.01.2019 oli 15,8 eurot. NAV kasvas jaanuaris 0,9%. EPRA aktsia puhasväärtus (raamatupidamislik puhasväärtus ilma edasilükkunud tulumaksukohustust ja intressiderivatiivide õiglast väärtust arvestamata) on 31.01.2019 seisuga 16,97 eurot (31.12.2018: 16,81 eurot). EPRA NAV suurenes jaanuaris samuti 0,9%. Marilin Hein Finantsjuht Tel 655 9515 E-post: [email protected] (mailto:[email protected])
Content of announcement in English
Title
EfTEN Real Estate Fund III AS Net Asset Value per share as of 31.01.2019
Message
EfTEN Real Estate Fund III AS earned 759 thousand euros sales revenue in January, which is 10% less than a month earlier. Lower January revenue was related to the annual turnover rent at Saules Miestas Shopping Center, accounted in December. The EBITDA of the Fund in January was 617 thousand, increased by 7% from December due to the lower sales and general expenses in January. The Fund's net profit was 432 thousand euros in January (December 2018: 951 thousand). Lower net profit was mainly due to the investment properties revaluation profit accounted in December in 600 thousand euros. Based on the Fund's dividend policy, which stipulates that a minimum of 80% of the free cash flow will be paid to shareholders, the Fund could pay a dividend of 220 thousand euros, which is 7 cents per share (net) from it's January profit. As of 31.01.2019, the consolidated assets of EfTEN Real Estate Fund III AS amounted to 108.8 million euros (31.12.2018: 108.5 million euros) and equity amounted to 50.9 million euros (31.12.2018: 50.5million euros). As of 31.01.2019, EfTEN Real Estate Fund III AS share's Net Asset Value (NAV) was EUR 15.8. NAV grew by 0.9% in January. EPRA NAV (IFRS book value excluding deferred tax liability and fair value of interest derivatives) was EUR 16.97 as of 31.01.2019. EPRA NAV increased also by 0,9%. Marilin Hein CFO Phone 655 9515 E-mail: [email protected] (mailto:[email protected])