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EfTEN Real Estate Fund AS 2023. aasta auditeeritud majandusaasta aruanne

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EfTEN  Real Estate Fund AS-i nõukogu kiitis heaks fondi 2023. aasta auditeeritud
aastaaruande   ja   esitab   selle  kinnitamiseks  aktsionäride  üldkoosolekule.
Auditeeritud  aruandes  ei  ole  fondi  finantstulemused  võrreldes  01.02.2024
(https://view.news.eu.nasdaq.com/view?id=bda607194898eb42ea52e5ed6085106e7&lang=
et&src=listed) avaldatud esialgsete majandustulemustega muutunud.

EfTEN  Real Estate Fund  AS-i 2023. aasta konsolideeritud  müügitulu oli 31,817
miljonit  eurot  (2022:  14,299 miljonit  eurot).  Mu?u?gitulu  kasvas 2,2 korda
peamiselt   seoses  EfTEN  Real  Estate  Fund  AS  ja  EfTEN  Kinnisvarafond  AS
ühinemisega bilansipäevaga 01.01.2023. Fondi puhaskasum oli samal perioodil 1,0
miljon  eurot (2022: 11,4 miljonit eurot).  Fondi puhaskasumi vähenemine tulenes
peamiselt  kinnisvarainvesteeringute  õiglase  väärtuse  ümberhindluse kahjumist
kogusummas  13,9 miljonit eurot (2022. aastal sai fond kinnisvarainvesteeringute
ümberhindlusest kasumit 3,1 miljon eurot).

Fondi   konsolideeritud   aastaaruanne   2023 on   lisatud  teatele  ja  tehakse
kättesaadavaks    fondi    veebilehel   https://eref.ee/investorile/aruanded-ja-
faktilehed-2/

Viljar Arakas
Juhatuse liige
Tel. 6559 515
E-post: viljar.arakas@eften.ee (mailto:viljar.arakas@eften.ee)

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EfTEN Real Estate Fund AS 2023 audited annual report

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The  Supervisory Board  of EfTEN  Real Estate  Fund approved  the audited annual
report of the Fund for 2023 and will submit it to the Annual General Meeting for
approval.  In the audited report, the  Fund's financial results have not changed
compared   to   the  preliminary  financial  results  published  on  01.02.2024
(https://view.news.eu.nasdaq.com/view?id=bda607194898eb42ea52e5ed6085106e7&lang=
en&src=listed).

The  consolidated sales revenue of EfTEN Real Estate Fund AS in 2023 was 31.817
million  euros (2022:  14.299 million euros).  Sales revenue increased 2.2 times
mainly  due to the merger of EfTEN  Real Estate Fund AS and EfTEN Kinnisvarafond
AS  with the balance sheet date of 01.01.2023. The Fund's net profit in the same
period  was 1.0 million  euros (2022:  11.4 million euros).  The decrease in the
Fund's  net profit  was mainly  due to  the loss  of the revaluation of the fair
value  of real estate investments in the  total amount of 13.9 million euros (in
2022, the  Fund received a  profit of 3.1 million  euros from the revaluation of
real estate investments).

The  Fund's consolidated annual report 2023 is  attached to this notice and will
be  made available on  the Fund's website https://eref.ee/investorile/rahautned-
ja-faktilehed-2/

Viljar Arakas
Member of the Management Board
Tel. 6559 515
E-mail: viljar.arakas@eften.ee
(https://www.globenewswire.com/Tracker?data=hrUqZv88cUrFrzKo1vEvfFBYQdls2cPyjrDw
Bs13d60uC9CPwSwJ2VX1IPLg9UCrr8Rl21zHMTtmrJO6T1syKvJXx55CCKduiyXLUbI-Mzo=)