Consolidated Rental Income
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Net Asset Value of EfTEN Real Estate Fund AS as of 30 September 2025
Globenewswire· 2025-10-09 05:00
Core Insights - EfTEN Real Estate Fund AS reported stable rental income in September 2025, with consolidated rental income of €2,701 thousand, unchanged from August [1] - The Fund's net operating income (NOI) decreased slightly to €2,606 thousand, primarily due to increased VAT-related expenses in its Lithuanian subsidiary [1] Financial Performance - For the first nine months of 2025, the Fund achieved consolidated rental income of €23.68 million, reflecting a 2.7% increase year-on-year [2] - Consolidated EBITDA for the same period was €19.89 million, up 1.2% compared to the previous year [2] - The adjusted cash flow for the first nine months totaled €9.53 million, representing a 19% increase from the same period last year, driven by new acquisitions and lower interest expenses due to decreased EURIBOR [3] Dividend and Valuation - The Fund generated a potential gross dividend of €0.6666 per share, which is 12.6% higher than the previous year [4] - The net asset value (NAV) per share at the end of September was €20.4379, marking a 0.7% increase from August, while the EPRA NRV per share rose to €21.3280, up 0.8% [5]