Overview of the Cash Distribution
EfTEN Capital AS, which manages the EfTEN United Property Fund, has declared a cash distribution of 16,900 euro cents per unit, totaling approximately 419,772 euros. This distribution represents around 2% of the fund’s latest closing price, offering good news to its investors.
Performance of the Fund in 2025
This announcement marks the second distribution for the EfTEN United Property Fund in the 2025 fiscal year. Combined with the distribution made in May, the fund has successfully distributed over 9% of its market capitalization this year. Since it began trading on the Nasdaq Tallinn stock market in May 2022, the fund has allocated a total of 1.4 euros per unit in distributions, demonstrating a solid commitment to rewarding its investors.
Sources of Income
The funds being distributed arise from several sources, including income generated from the EfTEN Real Estate Fund 5 and the EfTEN Special Opportunities Fund. Additionally, loan interests attributed to the development firm Invego Uus-Järveküla OÜ contribute to this cash availability.
Eligibility and Payment Details
For investors to be eligible for this distribution, the record date has been established as the end of the business day of the securities registry on October 31, 2025. Consequently, the ex-date, which denotes the change of rights associated with the fund's units, is scheduled for October 30, 2025. Following this date, individuals purchasing units will not share in this particular distribution.
The funds are set to be disbursed to unitholders on November 14, 2025, through a direct cash transfer to the respective bank accounts, and they will be subject to taxation in accordance with local laws.
Contact Information
If you have further inquiries about the distribution or the fund itself, you may reach out to Kristjan Tamla, the Managing Director. He can be contacted at Phone 655 9515 or by email at kristjan.tamla@eften.ee.
Frequently Asked Questions
What is the total amount distributed by the EfTEN United Property Fund in 2025?
The fund has distributed a total of over 9% of its market capitalization in 2025, including both distributions made this year.
When is the distribution date for the next payout?
The next distribution will occur on November 14, 2025, following the established record date.
Who is eligible to receive the cash distribution?
Unitholders as of the record date on October 31, 2025, will be entitled to the distribution.
What are the sources of income for this distribution?
The distribution is supported by income from various funds and loan interests associated with development companies.
Who can be contacted for more information about the fund?
Kristjan Tamla, the Managing Director, is available for further inquiries regarding the fund.