Net asset value of the EfTEN United Property Fund as of 30.11.2022

EFTEN United Property Fund

The net asset value (NAV) of the EfTEN United Property Fund stood at €11,07 as at 30 November 2022, an increase of 0.7% in one month. Since the fund’s launch in late June 2021, the total return has been 11.5% and the return on invested capital has been 13%. 30% of the fund’s capital is uninvested.

In November, the Fund made a single investment, purchasing €997,000 worth of EfTEN Kinnisvarafond shares from the secondary market at a price 10% below the Fund’s NAV. As a result, the proportion of uninvested capital in EfTEN United Property Fund has decreased from 34% to 30%.

In December, the fund announced its second distribution in its history. His 3% or more of the fund’s invested capital will be distributed to investors. Distributions will be made on 20 January 2023 to investors who own units of the Fund as of 10 January 2023. In addition, a periodic valuation of the Fund’s real estate investments took place in his December, during which time an independent appraiser (Colliers) assessed the property. Assets of the Fund according to the latest market conditions. The results of the evaluation will be reflected in the Fund’s next report and his NAV, which will be published in December.

For a detailed overview of the EfTEN United Property Fund portfolio, please visit the fund’s website.

Christian Tamra
retail manager
Phone 655 9515

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