EfTEN United Property Fund earned a net profit of 110 thousand euros in October and 2.214 million euros in the first ten months of 2025 (the same period last year was 724 thousand euros). In October, the fund decided to make a distribution to investors in the amount of 420 thousand euros, or 16.9 euro cents per unit. As a result, the net asset value (NAV) of the fund's unit fell by 1,1% and was 11.22 euros at the end of October. Excluding the distribution, the EfTEN United Property Fund's NAV would have inc ...

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]

Core Insights - The net asset value (NAV) of EfTEN United Property Fund units increased by 1.3% month-on-month, reaching 11.17 euros at the end of June [1] - The fund reported a net profit of 358 thousand euros in June and a total net profit of 1.679 million euros for the first half of 2025, compared to 401 thousand euros during the same period last year [1] Group 1: Profit Sources - The largest profit in June was generated from the investment in Invego Uus-Järveküla OÜ, amounting to 384 thousand euros [2] - The transfer of 14 terraced houses in the third stage of development contributed a profit of 479 thousand euros [2] - The development company's bank loan balance was reduced to zero by the end of June due to the repayment obligation associated with property rights agreements [2] Group 2: Asset Valuation - A regular valuation of the EfTEN United Property Fund assets was conducted at the end of June, revealing a decrease in the value of the former Danske bank office building and Menulio 7 office building [3] - The value of properties under EfTEN Kinnisvarafond II AS increased, balancing the overall valuation impact [3] - The Kristiine shopping center's value remained unchanged, with its financial results exceeding planned EBITDA by 5% for the first half of the year [3]

Group 1 - The net asset value (NAV) of EfTEN United Property Fund units was 11.53 euros at the end of April, reflecting a monthly increase of 1.6% [1] - The fund reported a net profit of 449 thousand euros in April and a total net profit of 1.15 million euros for the first four months of 2025, compared to 331 thousand euros during the same period last year [1] - If the investment in EfTEN Real Estate Fund AS shares were recorded at its NAV, the NAV would be 11.58 euros, indicating a 1.4% monthly increase [1] Group 2 - The fund's largest profit in April came from its investment in Invego Uus-Järveküla OÜ, amounting to 274 thousand euros, with the company earning a total profit of 342 thousand euros from the transfer of terraced houses [2] - The next stage of the development, consisting of 17 terraced houses, is expected to be completed in June 2025, with 14 of the houses already booked by clients [2] Group 3 - The cash balance of EfTEN United Property Fund increased by 1.582 million euros in April, which included loan payments and interest from Invego Uus-Järveküla OÜ totaling 1.5 million euros and dividend receipts of 277 thousand euros [3] - The fund will distribute its largest income in history on May 29, amounting to 1.416 million euros, or 57 euro cents per fund unit [3]