EfTEN Real Estate Fund AS

EfTEN Real Estate Fund AS is a public closed alternative investment fund established in 2015, primarily targeting retail investors. The fund's core business involves investing in cash-flow generating commercial properties across the Baltic States. It operates with a value-added and opportunistic investment strategy, and its headquarters are located in Tallinn, Estonia.

The fund's investment portfolio is diversified across various real estate segments, including office premises, commercial premises, warehouse and production facilities, hotels, and aged care homes. Its geographical focus remains firmly on the Baltic region, encompassing Estonia, Latvia, and Lithuania.

Led by Viljar Arakas as Chairman of the Management Board, EfTEN Real Estate Fund AS has demonstrated strong performance, with notable increases in rental income and EBITDA in 2024. Recent activities include strategic acquisitions in the logistics and nursing home sectors, alongside efforts to optimize financial leverage and manage vacancy rates effectively. The fund is managed by EfTEN Capital AS, which is recognized as the largest real estate fund manager in the Baltic States.