Net asset value of the EfTEN United Property Fund as of 30.11.2023

Written by Customer Service on . Posted in Public Companies.

The net asset value (NAV) of EfTEN United Property Fund was 10.66 euros at the end of November, increasing by 0.4% over the month. If the fund’s investment in the of EfTEN Real Estate Fund AS shares is valued on the NAV basis, the NAV of EfTEN United Property Fund would have been 10.85 euros, increasing also by 0.4%.

In December, in the Uus-Järveküla residential development, the first 6 terraced houses were handed over to clients (property right contracts were concluded). A total of 50 semi-detached houses have been sold from the first development stage. Most of those will be handed over to clients in January and February 2024. As part of the second stage, 16 semi-detached houses and 14 terraced houses will be built. Half of them have been booked by clients to date, and construction work is planned to start in the coming spring. At the end of December the residential district developer Uus-Järveküla OÜ signed a loan agreement with Coop Bank in the amount of 6,435 mio EUR to finance the second stage construction of residential buildings and infrastructure.

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: kristjan.tamla@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.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.