Skip to main content

EfTEN Real Estate Fund III AS Net Asset Value per share as of 31.01.2021

Written by Customer Service on . Posted in Public Companies.

The net asset value (NAV) of EfTEN Real Estate Fund III AS as of 31.01.2021 was 17.06 euros. The net asset value of the EPRA share (net book value excluding deferred income tax liability and fair value of interest rate derivatives) as of 31.01.2021 was 18.17 euros. Both NAV and EPRA NAV increased by 0.8% during January.
 In January, EfTEN Real Estate Fund III AS earned sales revenue of 946 thousand euros, which is 60 thousand euros (6%) less than a month earlier due to the Covid-19 restrictions in Lithuanian shopping centers. At the same time, the fund earned consolidated EBITDA of 786 thousand euros in January due to lower expenses, which is at the same level as in December. The consolidated net rental yield of the fund was 912 thousand euros in January, which, despite the effect of the Covid-19 restrictions, gives an annual net return on investment properties of 7.6%.The net profit of the fund was 567 thousand euros in January 2021 (December 2020: 1,347 thousand euros). The fund’s net profit for December included a revaluation gain on investment properties in the total amount of 611 thousand euros.As of 31.01.2021, the consolidated cash balance of EfTEN Real Estate Fund III AS was 5.7 million euros and the total volume of assets was 151.0 million euros. Investment properties accounted for 96% of the fund’s assets at the end of January.The consolidated equity of EfTEN Real Estate Fund III AS was 72.050 million euros as of 31.01.2021 (31.12.2020: 71.483 million euros).Marilin Hein
CFO
Phone: 6559 515
E-mail: marilin.hein@eften.ee

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.