|EfTEN Real Estate Fund AS
|Public Closed Alternative Investment Fund, which is founded as private limited company. Regulated by Estonian Financial Supervision Authority
|EfTEN Capital AS
|Listed in Nasdaq Baltic Main list
|Fund size (share capital)
|Maximum 120 million euros
|Cash flow generating commercial properties in the Baltic States.
|Share issue terms
|Share issues are decided at the fund’s General Meetings.
|Entrance and exit fee
|Up to 2% to subscription organizer, Swedbank
|Liquidity of shares
|The fund’s shares are listed on the Baltic Stock Exchange
|Share buyback by fund
|No share buyback.
|2% from invested equity per year
|Net asset value (NAV)
|Calculation of the net asset value of the Fund’s assets takes place on a monthly basis. The NAV value is made public at www.eften.ee website.
|The dividend payment is decided by General Meeting and is up to 80% from free cash-flow (EBITDA minus interest payments minus loan principal payments)
|Fund’s expected capital return