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

7139

Submission date and time

28.02.2019 16:05:00

Content of announcement in Estonian

Title

EfTEN Real Estate Fund III AS 2018. aasta auditeeritud majandusaasta aruanne

Message

EfTEN  Real Estate  Fund III  AS juhatus  esitas nõukogule heakskiitmiseks EfTEN
Real Estate Fund III AS 2018. aasta auditeeritud majandustulemused. Auditeeritud
aruandes  ei  ole  kontserni  finantstulemused  võrreldes  14. veebruaril  2019
avaldatud esialgsete majandustulemustega muutunud.

EfTEN Real Estate Fund III AS-i konsolideeritud 2018. aasta müügitulu oli 8,672
miljonit     eurot,     kasvades     aastaga     19%. Kontserni    kasum    enne
kinnisvarainvesteeringute  õiglase väärtuse muutust, edukustasu reservi muutust,
amortisatsioonikulu  ning finantstulusid/-kulusid ja  tulumaksukulu (EBITDA) oli
2018. aastal  kokku 6,710 miljonit eurot (2017: 5,619 miljonit eurot). Kontserni
puhaskasum  samal  perioodil  oli  6,299 miljonit  eurot  (2017:  6,574 miljonit
eurot).

EfTEN  Real  Estate  Fund  III  AS-i  juhatus   teeb  nõukogule  ja aktsionäride
üldkoosolekule  ettepaneku maksta dividende 95 eurosenti aktsia kohta, s.o kokku
3 054 800 eurot.

EfTEN  Real  Estate  Fund  III  AS-i konsolideeritud 2018. aasta konsolideeritud
majandusaasta  aruanne on lisatud teatele ning tehakse kättesaadavaks EfTEN Real
Estate Fund III AS-i kodulehel aadressil www.eref.ee.




Viljar Arakas
Juhatuse liige

Tel. 6559 515
E-post: [email protected]

Manus

  * EfTEN Real Estate Fund III est (https://ml-
    eu.globenewswire.com/Resource/Download/1ed8d1fc-8e6e-4e5c-8c2a-32287bfb4635)

Content of announcement in English

Title

Audited Annual Report 2018 of EfTEN Real Estate Fund III AS

Message

The  management board of EfTEN  Real Estate Fund III  AS sent to the Supervisory
Board  for approval the 2018 audited annual report of EfTEN Real Estate Fund III
AS.  Financial results remained unchanged  compared to the preliminary financial
results published on 14th of February 2019.

The  consolidated sales revenue of EfTEN Real  Estate Fund III AS for year 2018
was  EUR 8.672 million,  which increased  by 19% in  a year. In 2018 the Group's
profit before changes in investment properties fair value, change in the success
fee  reserve, depreciation and  financial income/ -costs  and income tax expense
(EBITDA)  totalled EUR 6.710 million (2017:  EUR 5.619 million). The Group's net
profit for the same period amounted to EUR 6.299 (2017: 6.574) million.

The  management board of EfTEN  Real Estate Fund III  AS proposes to Supervisory
Board and the General Meeting of Shareholders distribution of the profit so that
dividends  in the amount of EUR  0.95 per share, total 3 054 800 euros, would be
paid to shareholders.

The EfTEN Real Estate Fund III AS audited and consolidated Annual Report 2018 is
attached  to this announcement and  will be made available  on EfTEN Real Estate
Fund III AS homepage www.eref.ee.




Viljar Arakas
Member of the Management Board
Phone: 655 9515
E-mail: [email protected]

Attachment

  * EfTEN_Real_Estate_Fund_III eng (https://ml-
    eu.globenewswire.com/Resource/Download/3b000551-e9cb-48e7-98eb-4f02af5df0dd)