EfTEN United Property Fund unaudited financial results for 3rd quarter and 9 months of 2025

Financial Performance - In Q3 2025, EfTEN United Property Fund reported a net profit of 426 thousand euros, a significant increase from 134 thousand euros in Q3 2024 [1] - The fund's total income rose to 468 thousand euros from 176 thousand euros year-on-year, while expenses remained stable [1][5] - For the first nine months of 2025, the total income reached 2,258 thousand euros compared to 686 thousand euros in the same period of 2024 [5] Investment and Development Activities - The fund's investments in commercial real estate performed as expected, maintaining a stable vacancy rate in larger premises [2] - The development project in Uus-Järveküla is nearing completion, with 32 terraced house units in the final phase, and 25 units yet to be booked by clients [3] - In 2025, the development company returned a total of 2.73 million euros to the fund, including 128 thousand euros in owner loan interest and 1.092 million euros in principal [3] Distribution to Investors - Following the balance sheet date, the fund announced a distribution of 420 thousand euros to investors, which, combined with the spring distribution, totals over 9% of the fund's market capitalization for 2025 [4] Financial Position - As of September 30, 2025, the fund's total assets amounted to 28,167 thousand euros, an increase from 27,478 thousand euros at the end of 2024 [6][7] - The fund's net asset value attributable to shareholders was reported at 28,167 thousand euros, reflecting a solid financial standing [7]