The net asset value of the EfTEN Real Estate Fund AS share increased by 0.7% in October, amounting to €20.55 at the end of the month

In October 2026, EfTEN Real Estate Fund AS earned consolidated rental income of €2,941 thousand (September: €2,943 thousand). The portfolio vacancy rate continued to decrease and reached 2.0% by the end of October (end of September: 2.2%), which is the lowest level since mid 2023. The decrease came mainly from the office segment, where the vacancy rate fell to 7.0% (end of September: 7.5%). The Fund’s consolidated net operating income (NOI) for October was €2,828 thousand. This is €67 thousand less than in September, mainly due to lower property management and marketing costs in the comparative period. The Fund’s consolidated EBITDA for October was €2,473 thousand (September: €2,565 thousand). General and administrative expenses increased by €25 thousand, mainly due to investment property valuation costs (€18 thousand). Management fees increased as a result of the increase in capital invested in the Magistral centre following the repayment of the bank loan taken out to acquire the holding.