News
The laureate of Real Estate Event 2013 is EfTEN Capital AS
The Association of Real Estate Companies of Estonia (EKFL) has nominated the laureate of Real Estate Event 2013 on 24th of April, which is EfTEN Capital AS.
„The reason why EfTEN Capital AS got more votes than other nominees and was chosen as the award winner was the EfTEN Real Estate Fund managed by EfTEN Capital AS,“ said Tõnis Rüütel, Managing Director of the EKFL.
EfTEN Real Estate Fund, which is based on domestic capital, has been the most active entity in consolidating assets in the Estonian commercial property sector.
At the same time, EfTEN Real Estate Fund with its total assets of EUR 170 million is the largest commercial property fund in the Baltic countries.
In 2013 the fund made a record-breaking number of 11 investments in the total amount of EUR 64.4 million. Converted to Estonian kroons this would make more than a billion kroons worth of new investments.
All of the members of the EKFL could name their candidate for the Real Estate Event 2013 award. The winner was picked by the management board of the EKFL.
The winner of the real estate event is declared at the annual EKFL’ spring conference “Where is the Estonian property market headed?”. The award is a certificate and Tauno Kangro’s sculpture “Man in the Window of His Dreams”.
Previous laureates of the Real Estate Event of the Year:
2011 – Citycon, purchase of Kristiine Shopping Centre
2012 – Tallinn City Planning Department, new building regulation
The Association of Real Estate Companies of Estonia celebrates its 20th anniversary this year. The Association unites companies engaged in property brokerage, development, administration and consultations.
Additional information:
Tõnis Rüütel
Managing Director of the Association of Real Estate Companies of Estonia
Tel. +372 504 6517