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Net asset value of the EfTEN United Property Fund as of 31.08.2025
Globenewswire· 2025-09-17 05:05
Group 1 - The net asset value (NAV) of EfTEN United Property Fund units was 11.30 euros at the end of August, reflecting a month-on-month increase of 0.6% [1] - The fund reported a net profit of 166 thousand euros in August and a total net profit of 2.01 million euros for the first eight months of 2025, compared to 470 thousand euros in the same period last year [1] Group 2 - The renovation of a residential rental apartment building in Riga was completed in August, adding 102 renovated apartments to the fund's portfolio, with approximately 30% already booked before completion [2] - The fund's portfolio also includes four residential rental buildings with over 450 apartments located in Tallinn, Vilnius, and Kaunas [2] Group 3 - In the development company Invego Uus-Järveküla OÜ, in which the fund holds an 80% stake, no new real rights contracts were concluded in August, but two terraced houses were booked for completion in early 2026 [3] - The fund earned 28 thousand euros in interest income from this investment in August and received a shareholder loan distribution of 1.2 million euros from Invego Uus-Järveküla OÜ [3] Group 4 - The fund plans to announce the amount and date of the next distribution to investors in October, which will include interest from the EfTEN Real Estate Fund 5 and EfTEN Special Opportunities Fund, as well as 126 thousand euros in interest from Invego Uus-Järveküla OÜ [4]