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
9941
Attachments
Submission date and time
11.11.2022 08:00:00
Content of announcement in Estonian
Title
EfTEN Real Estate Fund III AS aktsia puhasväärtus seisuga 31.10.2022
Message
EfTEN Real Estate Fund III AS aktsia puhasväärtus (NAV) oli 31.10.2022 seisuga 20,4586 eurot. EPRA aktsia puhasväärtus (EPRA NRV - raamatupidamislik puhasväärtus ilma edasilükkunud tulumaksukohustust ja intressiderivatiivide õiglast väärtust arvestamata) oli 31.10.2022 seisuga 21,76 eurot. Nii NAV kui EPRA NRV suurenesid oktoobris 0,7% võrra. Oktoobris teenis fond konsolideeritud üüritulu kokku 1 126 tuhat eurot, mis on 7 tuhat eurot vähem kui kuu varem. Vähenemine tuli Saules Miestase kaubanduskeskuse madalamast käibeüürist. Fondi oktoobri EBITDA oli 955 tuhat eurot, s.o 64 tuhat eurot madalam kui septembris. Madalam EBITDA oli peamiselt seotud Saules Miestas kaubanduskeskuses läbiviidud sügiskampaaniatega. 2022. aasta kümne kuu jooksul on fond teeninud kokku 11 127 tuhat eurot üüritulu (12% rohkem kui eelmisel aastal samal perioodil) ning 9 776 tuhat eurot EBITDA- d (11% rohkem kui eelmisel aastal), s.h võrreldavatel alustel (like-for-like) arvestatud EBITDA nende kinnisvarainvesteeringute osas, mis olid fondi bilansis ka eelmise aasta 10 kuu jooksul, suurenes sellel aastal võrreldes eelmise aastaga 7% võrra. Fond on sellel aastal teeninud dividendimaksete aluseks olevat vaba rahavoogu kokku 5,096 miljonit eurot, s.o 22% rohkem kui eelmisel aastal. Arvestuslik potentsiaalne brutodividend, tuginedes fondi dividendipoliitikale, on 2022. aasta 10 kuu põhjal 80,37 senti aktsia kohta (2021 10 kuud: 66,13 senti aktsia kohta). EfTEN Real Estate Fund III AS-i konsolideeritud omakapital oli 31.10.2022 seisuga 103,777 miljonit eurot (31.12.2021: 96,914 miljonit eurot). Marilin Hein Finantsjuht Tel. 6559 515 E-mail: [email protected] (mailto:[email protected])
Content of announcement in English
Title
EfTEN Real Estate Fund III AS share net value as of 31.10.2022
Message
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 20.4586 euros as of 31.10.2022. The net value of the EPRA share (EPRA NRV - accounting net value without taking into account the deferred income tax liability and the fair value of interest derivatives) was 21.76 euros as of 31.10.2022. Both NAV and EPRA NRV increased by 0.7% in October. In October, the fund earned a total of 1,126 thousand euros in consolidated rental income, which is 7 thousand euros less than the month before. The decrease came from the lower turnover rent of the Saules Miestas shopping center. The fund's October EBITDA was 955 thousand euros, i.e. 64 thousand euros lower than in September. The lower EBITDA was mainly related to the autumn campaigns carried out in the Saules Miestas shopping center. During the ten months of 2022, the fund has earned a total of 11,127 thousand euros in rental income (12% more than in the same period last year) and 9,776 thousand euros in EBITDA (11% more than last year), i.e. like-for-like EBITDA for those investment properties, which were also on the fund's balance sheet during the last 10 months, increased by 7% this year compared to the previous year. This year, the fund has earned a total of 5.096 million euros of free cash flow, which is the basis for dividend payments, i.e. 22% more than last year. The estimated potential gross dividend, based on the fund's dividend policy, is 80.37 cents per share based on the 10 months of 2022 (2021 10 months: 66.13 cents per share). The consolidated equity of EfTEN Real Estate Fund III AS was 103.777 million euros as of 31.10.2022 (31.12.2021: 96.914 million euros). Marilin Hein CFO Phone +372 6559 515 E-mail: [email protected] (mailto:[email protected])