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
7768
Submission date and time
11.02.2020 16:05:00
Content of announcement in Estonian
Title
EfTEN Real Estate Fund III AS aktsia puhasväärtus seisuga 31.01.2020
Message
EfTEN Real Estate Fund III AS aktsia puhasväärtus (NAV) seisuga 31.01.2020 oli 16,96 eurot. NAV suurenes jaanuaris 0,7%. EPRA aktsia puhasväärtus (raamatupidamislik puhasväärtus ilma edasilükkunud tulumaksukohustust ja intressiderivatiivide õiglast väärtust arvestamata) oli 31.01.2020 seisuga 18,05 eurot. EPRA NAV suurenes jaanuari jooksul samuti 0,7%. EfTEN Real Estate Fund III AS teenis jaanuaris 816 tuhat eurot müügitulu, mis on seoses detsembrikuu käibeüüridega Saules Miestase kaubanduskeskuses 130 tuhat eurot vähem kui kuu varem. Fondi EBITDA oli jaanuaris 647 tuhat eurot (detsembris 228 tuhat eurot). Fondi tegelik brutotootlus (tegelik aastase müügitulu suhe kinnisvarainvesteeringute õiglasesse väärtusesse) oli jaanuari seisuga 8,7%. Fondi puhaskasum on 2020. aasta jaanuaris 464 tuhat eurot (2019 detsembris: 1 600 tuhat eurot). Fondi detsembri kuu puhaskasumit mõjutasid kinnisvara investeeringute ümberhindlused. EfTEN Real Estate Fund III AS-i konsolideeritud raha ning lühiajaliste hoiuste jääk oli 31.01.2020 seisuga 18,8 miljonit eurot, millest 13,8 miljonit eurot on investeerimata kapital. Air Balticu peahoone ja Riia külje all Kekavas asuva tootmis- ja laohoone soetuseks investeerib fond 2020. aasta veebruaris 8,9 miljonit eurot omakapitali. Nimetatud tehing plaanitakse viia lõpuni veebruari lõpuks. EfTEN Real Estate Fund III AS-i konsolideeritud varade maht oli 31.01.2020 seisuga 132,6 miljonit eurot (31.12.2019: 132,8 miljonit eurot) ning omakapital 71,6 miljonit eurot (31.12.2019: 71,17 miljonit eurot). 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 31.01.2020
Message
The net asset value (NAV) of EfTEN Real Estate Fund III AS at 31.01.2020 was EUR 16.96. NAV increased by 0.7% in January. The EPRA NAV (net book value excluding deferred tax liability and fair value of interest derivatives) as at 31.01.2020 was EUR 18.05. EPRA NAV also increased 0.7% during January. EfTEN Real Estate Fund III AS earned sales income of EUR 816 thousand in January, which is EUR 130 thousand less than a month earlier due the turnover rent in Saules Miestas Shopping Center, accounted in December. The Fund's EBITDA was EUR 647 thousand in January (EUR 228 thousand in December). Fund's actual annual gross yield (annual sales income / investment properties fair value) is 8,7%, based on January results. The Fund's net profit for January 2020 is EUR 464 thousand (December 2019: EUR 1,600 thousand). The net profit of December 2019 was influenced by semi-annual revoluation of the fund's real estate investments. As of 31.01.2020, EfTEN Real Estate Fund III AS's consolidated cash and short- term deposits totaled EUR 18.8 million, of which EUR 13.8 million is uninvested capital. In February 2020, the fund will invest EUR 8.9 million in equity to acquire the Air Baltic headquarter and the Kekava production and warehouse facility located near Riga. This transaction is planned to be completed by the end of February. The consolidated assets of EfTEN Real Estate Fund III AS as at 31.01.2020 were 132.6 million euros (31.12.2019: 132.8 million euros) and equity was 71.6 million euros (31.12.2019: 71.17 million euros). Marilin Hein CFO Phone 655 9515 E-mail: [email protected] (mailto:[email protected])