EfTEN Real Estate Fund III has been actively investing in various European markets, with a focus on office and retail properties. The fund has a total investment volume of €1.2 billion.
The fund's investment strategy involves acquiring properties with a strong potential for rental income growth, and then implementing value-enhancing measures to increase their value.
One of the fund's key strengths is its experienced investment team, which has a deep understanding of the European real estate market.
With a total of 24 properties in its portfolio, EfTEN Real Estate Fund III has established a strong presence in the European real estate market.
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News and Press
EfTEN Real Estate Fund III has been making headlines with its recent developments.
The fund's Net Asset Value (NAV) has been released for several dates, including 30 September 2025, which was announced at 1:01am.
The fund's NAV for 31 August 2025 was released on 9 September 2025.
Construction of the “Nõmme Südamekodu” elderly care home in Hiiu, Tallinn, has started, marking a significant milestone for the fund.
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Enlight Research has updated its equity research on EfTEN Real Estate Fund AS, providing valuable insights for investors.
The fund's NAV for 31 July 2025 was released on 11 August 2025.
Here's a summary of the fund's recent press releases:
Project Updates
The EfTEN Real Estate Fund III has made significant progress in recent months. The fund has invested in two new properties, a logistics center in the Netherlands and an office building in Germany.
The logistics center in the Netherlands is a 12,000 square meter property located in the port city of Rotterdam. This investment is part of the fund's strategy to diversify its portfolio and increase its exposure to the European logistics market.
The fund's total assets under management now stand at €250 million, with a total of 14 properties in its portfolio.
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Commercial Reits
In the commercial REITs sector, there are some notable updates worth mentioning. EfTEN Real Estate Fund reported a significant rental income of EUR 2.6 million.
This is a substantial figure, and it's likely to have a positive impact on the company's financials. I've seen companies with strong rental income performing well in the market.
On May 5th, Invego Uus-Järveküla amended its loan deal with Coop Pank. The terms of the loan were adjusted, but the details of the change are not specified.
It's not uncommon for companies to renegotiate loan deals to better suit their needs. This can be a sign of a company's financial health and adaptability.
Here's a brief summary of the recent developments in commercial REITs:
Kinnisvarafond AS Concludes Merger Agreement
Kinnisvarafond AS has announced the conclusion of a merger agreement, marking a significant development in the company's history.
The agreement was signed on February 10, 2023, and is subject to regulatory approval.
Kinnisvarafond AS is a leading player in the industry, with a strong track record of innovation and growth.
The merger is expected to strengthen the company's position in the market and enhance its competitiveness.
The terms of the agreement have not been disclosed, but the deal is expected to be completed by the end of the year.
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New Gardening Center for Hortes in Tallinn
A new gardening center is opening in Tallinn's Tähesaju City, a great news for gardening enthusiasts in the area.
The center will be built by EfTEN Real Estate Fund III AS, which will invest over 5.5 million euros in the project.
The main contractor for the construction project is Mitt & Perlebach OÜ, and the gardening center is expected to open its doors in the spring of 2019.
Hortes AS, Estonia's leading home and garden retail brand, will be the tenant of the new gardening center.
The Tähesaju City commercial area is conveniently located for a large part of Tallinn's metropolitan area, according to Viljar Arakas, a member of the board of EfTEN Real Estate Fund III.
The new gardening center will attract new customers to Hortes, and it's a great opportunity for the company to expand its business further.
Hortes is owned and operated by pan-Baltic private equity firm Livonia Partners, which is also planning to expand the business further.
The new gardening center will be a lot closer to home for people living in nearby areas such as Pirita and Viimsi.
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