Market announcement
EfTEN United Property Fund / EFTEN Capital AS
LEI code
984500E070A0V4E8CO64
Size of the entity
Small group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Management company
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
9658
Submission date and time
30.06.2022 11:00:00
Content of announcement in Estonian
Title
EfTEN United Property Fund osaku puhasväärtus seisuga 31.05.2022
Message
EfTEN United Property Fundi osaku puhasväärtus (NAV) oli 31.05.2022 seisuga 10,63 eurot, kasvades kuuga 0,1%. Fondi suurematest investeeringutest kasvasid kuuga EfTEN Kinnisvarafond II väärtus ja Menulio 7 büroohoone väärtus 0,7%. Dividendimakse tõttu kahanes EfTEN Kinnisvarafondi väärtus 4,4% (ilma dividendi arvestamata oleks fondi väärtus kasvanud 0,8%). EfTEN Real Estate Fund 5 väärtus kahanes 0,1%, kus kolme uue ja senisest kõrgema üürihinnaga rendilepingu sõlmimine tõi kaasa ühekordse maaklerteenuse tasu kulu, mis raamatupidamislikult võeti täies ulatuses üles mais. Uued rendilepingud sõlmiti pea 10% kõrgema üürihinnaga võrreldes eelmiste lepingutega. Mais tegi EfTEN United Property Fund ühe investeeringu, paigutades täiendavalt 156 tuhat eurot fondi EfTEN Residential Fund, mis läheb üürimajade arendusse Kaunases ja Riias. 9-20 mail viis fond läbi osakute avaliku pakkumise mahus kuni 460 000 osakut, mida oli ülemärkimise korral võimalik suurendada 760 000 osakuni. Fondile laekus 2 716 märkimiskorraldust, millega sooviti märkida kokku 1 217 730 osakut. Fond rahuldas märkimiskorraldusi 660 000 osaku väärtuses, mille tulemusena laekus fondi kontole ligikaudu 7 miljonit eurot. Juunis leidis aset fondi investeeringute regulaarne hindamine, mille käigus andis sõltumatu hindaja (Colliers) fondi varadele tänast turusituatsiooni ja prognoositavat üürivoogu kajastava hinna. Hindamise tulemused kajastuvad fondi järgmise kuu (juuni) kohta avaldatavas NAVis. Täpsem ülevaade EfTEN United Property Fund portfellist on leitav fondi kodulehel: https://eftenunitedpropertyfund.ee/fondi-tulemused/ Kristjan Tamla Jaeärisuuna juht Tel: 655 9515 E-post: [email protected] (mailto:[email protected])
Content of announcement in English
Title
Net asset value of the EfTEN United Property Fund as of 31.05.2022
Message
The net asset value per unit (NAV) of the EfTEN United Property Fund was 10.63 euros as of 31.05.2022, increasing by 0.1% during the month. Of the fund's largest investments, the value of the EfTEN Kinnisvarafond II and the Menulio 7 office building increased by 0.7% during the month. Due to the dividend payment, the value of the EfTEN Kinnisvarafond decreased by 4.4% (by excluding the dividend, the value of the fund would have increased by 0.8%). The value of the EfTEN Real Estate Fund 5 decreased by 0.1%, due to a one-off brokerage cost related to the signing of three new tenant agreement with higher rent level. New tenant agreements were signed with at almost 10% rental price pick-up as compared to the existing agreements. In May, the EfTEN United Property Fund made one investment, investing an additional 156 thousand euros in the EfTEN Residential Fund, which will be used to develop rental houses in Kaunas and Riga. On May 9-20, the fund carried out a public offering of units (IPO) in the size of 460,000 units, which could be increased to 760,000 units in case of oversubscription. The fund received 2,716 subscription orders for a total of 1,217,730 units. The fund satisfied subscription orders in the amount of 660,000 units. As a result, approximately 7 million euros was received on the fund's bank account. A regular valuation of the fund's investments took place in June, during which an independent appraiser (Colliers) valued the fund's assets according to the prevailing market conditions and expected rental income. The valuation results will be reflected in the fund's June NAV. A more detailed overview of EfTEN United Property Fund's portfolio can be found on the fund's website: https://eftenunitedpropertyfund.ee/en/fund-results-2/ Kristjan Tamla Head of Retail Phone 655 9515 E-mail: [email protected] (mailto:[email protected])