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
8557
Submission date and time
10.02.2021 08:15:00
Content of announcement in Estonian
Title
EfTEN Real Estate Fund III AS aktsia puhasväärtus seisuga 31.01.2021
Message
EfTEN Real Estate Fund III AS aktsia puhasväärtus (NAV) seisuga 31.01.2021 oli 17,06 eurot. EPRA aktsia puhasväärtus (raamatupidamislik puhasväärtus ilma edasilükkunud tulumaksukohustust ja intressiderivatiivide õiglast väärtust arvestamata) oli 31.01.2021 seisuga 18,17 eurot. Nii NAV kui EPRA NAV suurenesid jaanuari jooksul 0,8%. EfTEN Real Estate Fund III AS teenis jaanuaris 946 tuhat eurot müügitulu, mis on Covid-19 tulenevatest piirangutest Leedu kaubanduskeskustes 60 tuhat eurot (6%) vähem kui kuu varem. Samas teenis fond jaanuaris väiksematest kuludest tulenevalt konsolideeritud EBITDA-d 786 tuhat eurot, mis on samal tasemel detsembri tulemusega. Fondi konsolideeritud üüri puhastootlus oli jaanuaris 912 tuhat eurot, mis hoolimata Covid-19 piirangute mõjust annab aastaseks kinnisvarainvesteeringute puhastootluseks 7,6%. Fondi puhaskasum oli 2021. aasta jaanuaris 567 tuhat eurot (2020 detsembris: 1 347 tuhat eurot). Fondi detsembri kuu puhaskasum detsembris sisaldas kinnisvarainvesteeringute ümberhindluste kasumit kogusummas 611 tuhat eurot. EfTEN Real Estate Fund III AS-i konsolideeritud raha jääk oli 31.01.2021 seisuga 5,7 miljonit eurot ning kogu varade maht 151,0 miljonit eurot. Kinnisvarainvesteeringud moodustasid fondi varade mahust jaanuari lõpu seisuga 96%. EfTEN Real Estate Fund III AS-i konsolideeritud omakapital oli 31.01.2021 seisuga 72,050 miljonit eurot (31.12.2020: 71,483 miljonit eurot). Marilin Hein Finantsjuht Tel. 6559 515 E-mail: [email protected]
Content of announcement in English
Title
EfTEN Real Estate Fund III AS Net Asset Value per share as of 31.01.2021
Message
The net asset value (NAV) of EfTEN Real Estate Fund III AS as of 31.01.2021 was 17.06 euros. The net asset value of the EPRA share (net book value excluding deferred income tax liability and fair value of interest rate derivatives) as of 31.01.2021 was 18.17 euros. Both NAV and EPRA NAV increased by 0.8% during January. In January, EfTEN Real Estate Fund III AS earned sales revenue of 946 thousand euros, which is 60 thousand euros (6%) less than a month earlier due to the Covid-19 restrictions in Lithuanian shopping centers. At the same time, the fund earned consolidated EBITDA of 786 thousand euros in January due to lower expenses, which is at the same level as in December. The consolidated net rental yield of the fund was 912 thousand euros in January, which, despite the effect of the Covid-19 restrictions, gives an annual net return on investment properties of 7.6%. The net profit of the fund was 567 thousand euros in January 2021 (December 2020: 1,347 thousand euros). The fund's net profit for December included a revaluation gain on investment properties in the total amount of 611 thousand euros. As of 31.01.2021, the consolidated cash balance of EfTEN Real Estate Fund III AS was 5.7 million euros and the total volume of assets was 151.0 million euros. Investment properties accounted for 96% of the fund's assets at the end of January. The consolidated equity of EfTEN Real Estate Fund III AS was 72.050 million euros as of 31.01.2021 (31.12.2020: 71.483 million euros). Marilin Hein CFO Phone: 6559 515 E-mail: [email protected] (mailto:[email protected])