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
This is a correction announcement.
Previous version
Net asset value of EfTEN Real Estate Fund III AS as of 31.01.2022
Categories
Management interim statement or quarterly financial report
Unique data record identifier
9308
Attachments
Submission date and time
10.02.2022 14:31:58
Content of announcement in Estonian
Title
Parandusteade: EfTEN Real Estate Fund III AS aktsia puhasväärtus seisuga 31.01.2022
Message
EfTEN Real Estate Fund III AS aktsia puhasväärtus (NAV) oli seisuga 31.01.2022 19,2489 eurot, kasvades jaanuari jooksul 0,7%. EPRA aktsia puhasväärtus (EPRA NRV - raamatupidamislik puhasväärtus ilma edasilükkunud tulumaksukohustust ja intressiderivatiivide õiglast väärtust arvestamata) oli 31.01.2022 seisuga 20,40 eurot. EPRA NAV suurenes jaanuaris samuti 0,7% võrra. Jaanuaris teenis fond konsolideeritud üüritulu kokku 1 087 tuhat eurot, mis on 85 tuhat eurot vähem kui detsembris. Üüritulu vähenes seoses Saules Miestase kaubanduskeskuse aasta tulemuste põhjal arvestatud käibeüüridega võrdlusperioodil kogusummas 101 tuhat eurot ning suurenes omakorda peamiselt seoses jaanuaris tehtud üüritulu indekseerimistega. Eelmise aasta jaanuariga võrreldes on fond teeninud 22% rohkem üüritulu. Fondi konsolideeritud jaanuari EBITDA oli 949 tuhat eurot (22% rohkem kui eelmisel aastal), s.h võrreldavatel alustel arvestatud EBITDA nende kinnisvarainvesteeringute osas, mis olid fondi bilansis ka eelmisel aastal, oli kokku 890 tuhat eurot (13% rohkem kui eelmisel aastal). Alates käesolevast aastast avalikustab EfTEN Real Estate Fund III AS lisaks EPRA puhastootluse näitajale kahte EPRA avalikele kinnisvarafondidele soovituslikku tegevusnäitajat - EPRA kasum ning EPRA kulukuse määr. EPRA kasum on fondi puhaskasum, millest on elimineeritud mitterahalised tulud ja kulud (nagu näiteks kinnisvarainvesteeringute õiglase väärtuse muutus ja tuletisväärtpaberite kasum / -kahjum) ning EPRA kulukuse määr, mis illustreerib fondi konsolideeritud müügi-, turustus- ja üldhalduskulude suhet üüritulusse. EPRA kasum aktsia kohta oli 2022. aasta jaanuaris 15,24 senti aktsia kohta (2021 jaanuar: 14,65 senti aktsia kohta) ning EPRA kulukuse määr moodustas 13% üüritulust (2021 jaanuar: 12% üüritulust). EfTEN Real Estate Fund III AS-i konsolideeritud omakapital oli 31.01.2022 seisuga 97,641 miljonit eurot (31.12.2021: 96,914 miljonit eurot). Marilin Hein Finantsjuht Tel. 6559 515 E-mail: [email protected]
Content of announcement in English
Title
Correction: Net asset value of EfTEN Real Estate Fund III AS as of 31.01.2022
Message
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 19,2489 euros as of 31.01.2022, increasing by 0.7% during January. The net asset value of the EPRA share (EPRA NRV - net book value excluding the deferred income tax liability and the fair value of interest rate derivatives) was 20.40 euros as of 31.01.2022. EPRA NAV also increased by 0.7% in January. In January, the fund earned a total of 1,087 thousand euros in consolidated rental income, which is 85 thousand euros less than in December. Rental income decreased due to the turnover of Saules Miestas shopping center calculated on the basis of the annual results in the comparison period in the total amount of 101 thousand euros and increased in turn mainly due to the indexation of rental income made in January. Compared to January of the previous year, the fund has earned 22% more rental income. The Fund's consolidated EBITDA for January was 949 thousand euros (22% more than last year), including EBITDA on a comparable basis for investment properties that were also in the Fund's balance sheet last year (like-for-like basis), totaling 890 thousand euros (13% more than last year). Starting this year, in addition to the EPRA net asset value indicator, EfTEN Real Estate Fund III AS will publish two recommended performance indicators for EPRA public real estate funds - EPRA profit and EPRA cost ratio. EPRA profit is the fund's net profit less non-monetary income and expenses (such as changes in the fair value of investment property and gains / losses on derivative instruments) and EPRA's cost ratio, which illustrates the ratio of the fund's consolidated sales, marketing and general expenses to rental income. EPRA's profit per share were 15.24 cents in January 2022 (January 2021: 14.65 cents per share) and EPRA's cost ratio was 13% of rental income (January 2021: 12% of rental income). The consolidated equity of EfTEN Real Estate Fund III AS was 97.641 million euros as of 31.01.2022 (31.12.2021: 96.914 million euros). Marilin Hein CFO Phone 6559 515 E-mail: [email protected]