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
9209
Attachments
Submission date and time
09.12.2021 08:00:00
Content of announcement in Estonian
Title
EfTEN Real Estate Fund III AS aktsia puhasväärtus seisuga 30.11.2021
Message
EfTEN Real Estate Fund III AS aktsia puhasväärtus (NAV) oli seisuga 30.11.2021 18,3322 eurot, kasvades novembri jooksul 0,8%. EPRA aktsia puhasväärtus (raamatupidamislik puhasväärtus ilma edasilükkunud tulumaksukohustust ja intressiderivatiivide õiglast väärtust arvestamata) oli 30.11.2021 seisuga 19,37 eurot. EPRA NAV suurenes novembris samuti 0,8% võrra. Novembris teenis EfTEN Real Estate Fund III AS konsolideeritud müügitulu kokku 1 145 tuhat eurot (oktoobris: 1 131 tuhat eurot). Fondi konsolideeritud EBITDA oli novembris 945 tuhat eurot (oktoobris 941 tuhat eurot). Fondi konsolideeritud raha jääk kasvas novembris 343 tuhande euro võrra ning oli seisuga 30.11.2021 12,73 miljonit eurot. Emaettevõtte kontol on novembri lõpu seisuga investeerimiseks vabu vahendeid kuus miljonit eurot. Selle aasta 11 kuu jooksul on fond teeninud 11,7 miljoni euro (2020 11 kuud: 9,7 miljoni euro) suuruse müügitulu juures 9,7 miljonit eurot (2020: 7,8 miljonit eurot) EBITDA-d. EBITDA on võrreldes eelmise aastaga kasvanud 25% (1,95 miljonit eurot), millest 1,29 miljonit eurot on toonud uute kinnisvarainvesteeringute lisandumine ning ülejäänud kasv on seotud nii eelmisel aastal Covid-19 eriolukorra ajal üürnikele antud allahindlustega kui ka vakantsete pindade väljaüürimisega Ulonu ja Evolutioni büroohoonetes Vilniuses. Selle aasta 11 kuu jooksul on EfTEN Real Estate Fund III AS teeninud 4,58 miljonit eurot vaba rahavoogu, millest on olemasolevatesse hoonetesse tehtud lisainvesteeringuid 964 tuhande euro ulatuses (s.h üle 400 tuhande investeeris fond KFC restoranihoonesse Saules Miestase kaubanduskeskuses). EfTEN Real Estate Fund III AS-i konsolideeritud omakapital oli 30.11.2021 seisuga 92,991 miljonit eurot (31.12.2020: 71,483 miljonit eurot). Marilin Hein Finantsjuht Tel. 6559 515 E-mail: [email protected] (mailto:[email protected])
Content of announcement in English
Title
Net asset value of EfTEN Real Estate Fund III AS as of 30.11.2021
Message
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 18.3322 euros as of 30.11.2021, increasing by 0.8% during November. The net asset value of the EPRA share (net book value excluding the deferred income tax liability and the fair value of interest rate derivatives) was 19.37 euros as of 30.11.2021. EPRA NAV also increased also by 0.8% in November. In November, the consolidated sales revenue of EfTEN Real Estate Fund III AS amounted to 1,145 thousand euros (October: 1,131 thousand euros). The Fund's consolidated EBITDA was 945 thousand euros in November (941 thousand euros in October). The consolidated cash balance of the Fund increased by 343 thousand euros in November and amounted to 12.73 million euros as of 30.11.2021. At the end of November, the parent company's account has six million euros of free funds to invest. During the 11 months of this year, the fund has earned EBITDA of 9.7 million euros (2020: 7.8 million euros) with sales revenue of 11.7 million euros (2020 11 months: 9.7 million euros). EBITDA has increased by 25% (1.95 million euros) compared to the previous year, of which 1.29 million euros is due to the addition of new investments, and the remaining increase is related to discounts granted to tenants due to the Covid-19 last year and vacancies in Ulonu and Evolution office buildings in Vilnius. During the 11 months of this year, EfTEN Real Estate Fund III AS has earned a total of 4.58 million euros free cash flow, of which 964 thousand euros have been invested in existing buildings (including over 400 thousand in the KFC restaurant building in Saules Miestas shopping center). The consolidated equity of EfTEN Real Estate Fund III AS was 92.991 million euros as of 30.11.2021 (31.12.2020: 71.483 million euros). Marilin Hein CFO Phone: 6559 515 E-mail: [email protected] (mailto:[email protected])