EfTEN Real Estate Fund AS Reports Enhanced Performance
In August 2025, EfTEN Real Estate Fund AS demonstrated impressive growth, recording consolidated rental income of EUR 2,704 thousand. This figure reflects a EUR 15 thousand increase compared to July of the same year. A key factor behind this growth was the initiation of rental income from the newly completed wing of the Ermi care home, which significantly boosted overall revenue.
Strong Financial Indicators in 2025
The total consolidated rental income for the first eight months of 2025 reached EUR 20.97 million, marking a 2.3% increase from the corresponding period the previous year. This consistent growth illustrates the fund's strong market position and the effectiveness of its investment strategy.
Stable EBITDA Performance
For the same period, the consolidated EBITDA stood at EUR 17.55 million, maintaining parity with last year's figures. This stability reflects the fund's operational efficiency and resilience in a competitive market.
Improved Cash Flow Position
During the eight months, the adjusted cash flow, calculated as EBITDA minus loan principal repayments and interest expenses, was reported at EUR 8.36 million. This represents a robust 17% increase compared to the same timeframe last year, driven by enhanced cash flows from recent acquisitions and developments. Lower interest expenses, partly attributed to a decline in EURIBOR, also contributed positively to this financial health.
Promising Dividend Outlook
According to the results gathered, EfTEN Real Estate Fund AS anticipates a potential gross dividend of 58.49 cents per share for its investors, an increase of 10.8% from the same period last year. The fund manager is set to conduct more comprehensive calculations regarding loan refinancing activities and project a more defined outlook for the 2025 dividend in November.
Net Asset Value Growth
As of the end of August, the net asset value (NAV) per share of the fund was established at EUR 20.2868, while the EPRA NRV was noted to be EUR 21.1682. Notably, both these critical financial indicators saw a month-over-month increase of 0.8%, showcasing the fund's positive trajectory.
Contact Details for Investor Inquiries
For further inquiries, investors and interested parties can reach out to Marilin Hein, the Chief Financial Officer of EfTEN Real Estate Fund AS. She can be contacted via phone at +372 6559 515 or through email at marilin.hein@eften.ee.
Frequently Asked Questions
What was EfTEN Real Estate Fund's rental income in August 2025?
The consolidated rental income for August 2025 was EUR 2,704 thousand.
How did the fund's EBITDA perform compared to last year?
The consolidated EBITDA for the first eight months of 2025 stood at EUR 17.55 million, consistent with the previous year.
What is the expected dividend per share for investors?
The potential gross dividend expected for investors is 58.49 cents per share, reflecting a 10.8% increase from last year.
What are the net asset value figures for the fund as of August?
The net asset value (NAV) per share was EUR 20.2868, and the EPRA NRV was EUR 21.1682.
Who can be contacted for more information about the fund?
Investors can contact CFO Marilin Hein at +372 6559 515 or email her at marilin.hein@eften.ee.
