Net asset value of the EfTEN United Property Fund as of 31.10.2024

In October, the average interest rate on the fund's liabilities decreased by 50 basis points to 5.6%. The sharp decrease was related to the decrease in EURIBOR and the renewal of the Uus-Järveküla residential development loan agreement on more favorable terms.In November, EfTEN United Property Fund announced a planned investment in the EfTEN Real Estate Fund 5. This will make the fund an investor in one of Tallinn's largest shopping centers - Kristiine Keskus. The center's share will be...

In October, the average interest rate on the fund's liabilities decreased by 50 basis points to 5.6%. The sharp decrease was related to the decrease in EURIBOR and the renewal of the Uus-Järveküla residential development loan agreement on more favorable terms.

In November, EfTEN United Property Fund announced a planned investment in the EfTEN Real Estate Fund 5. This will make the fund an investor in one of Tallinn's largest shopping centers - Kristiine Keskus. The center's share will be approximately 10% of the fund's assets. Upon completion of the investment, the EfTEN United Property Fund has almost fully invested the raised equity.

A more detailed overview of EfTEN United Property Fund's portfolio can be found on the fund's website: https://eftenunitedpropertyfund.ee/en/fund-results-2/

Kristjan Tamla
Managing Director
Phone 655 9515
E-mail: [email protected]