Invego Uus-Järveküla OÜ Secures Financing for Final Development Phase

Author: Evelyn Baker Updated: 05-05-2025 01:15 AM

Financing the Future of Uus-Järveküla Residential Area

Invego Uus-Järveküla OÜ has taken significant strides towards completing the final stage of the Uus-Järveküla residential area, thanks to a new agreement with Coop Pank AS, facilitated by the EfTEN United Property Fund. This partnership will not only focus on completing the construction but also brings a historical profit distribution opportunity for investors.

Key Developments in the Agreement

The updated loan agreement allows Coop Pank AS to fully finance the construction of 32 terraced houses, marking a momentous step in the project. Currently, nearly 80% of the development has either been sold or booked by clients, indicating a robust demand for housing in this area. The completion of these homes is expected in the first quarter of 2026, bringing a promising outlook for future residents.

Financial Implications for Investors

An integral part of this agreement is the ability to distribute funds to the stakeholders of Invego Uus-Järveküla OÜ. EfTEN United Property Fund recently received an impressive 1.516 million euros. Of this amount, roughly 1 million euros represents accrued interest on owner loans, with the remainder contributing to reducing the owner loan balance financed by the fund.

Future Payouts and Investor Benefits

EfTEN United Property Fund has plans in place to reward its investors in May this year. The payout will comprise the accrued interest from the Invego Uus-Järveküla OÜ loan, along with dividends and interest received from related funds. The anticipated payout is estimated to be around 7% of the last closing price per fund unit, representing a significant return for investors.

The Road Ahead for Uus-Järveküla

With this strategic financial backing, the Uus-Järveküla residential area is set to become a vital living space, reflecting the growing market for sustainable housing. The developments underway are hopeful indicators of a flourishing community. Investors can look forward to detailed announcements regarding the payout as the fund awaits confirmation from underlying funds.

Contact Information for Inquiries

For further information or inquiries, interested parties can reach out to Kristjan Tamla, Managing Director, at Phone: 655 9515 or via email at kristjan.tamla@eften.ee.

Frequently Asked Questions

What is the status of the Uus-Järveküla residential area development?

The development is nearing completion, with nearly 80% of the units sold or booked, and is expected to finish in the first quarter of 2026.

Who is financing the construction?

The construction is financed by Coop Pank AS through an agreement with Invego Uus-Järveküla OÜ and EfTEN United Property Fund.

What is the expected investor payout?

The payout for investors is projected to be approximately 7% of the last closing price per fund unit, set for distribution in May.

How much did EfTEN United Property Fund receive?

EfTEN United Property Fund received 1.516 million euros, which includes accrued interest on owner loans.

Can investors expect more developments in the area?

Yes, the ongoing demand for housing in Uus-Järveküla indicates potential for future projects in this rapidly developing residential area.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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