The net asset value (NAV) of EfTEN Real Estate Fund III AS was 19.3997 euros as of 28.02.2022, increasing by 0.8% during February. The net asset value of the EPRA share (EPRA NRV – net book value excluding the deferred…
GROUP CEO’S REVIEW Due to the cyclical nature of real estate development, Q4 of 2021 had a predictably low sales volume and the focus was on preparing new projects. Across 12 months, the current team of Arco Vara has raised…
Management Board of Northern Horizon Capital AS (the Management Company) has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the twelve months of 2021. G4S office building disposal On 8 November 2021, Baltic Horizon…
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 19,2489 euros as of 31.01.2022, increasing by 0.7% during January. The net asset value of the EPRA share (EPRA NRV – net book value excluding the deferred…
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 19,2489 euros as of 31.01.2022, increasing by 0.7% during January. The net asset value of the EPRA share (EPRA NRV – net book value excluding the deferred…
Comment of the fund manager regarding the 2021. year’s results The year 2021 turned out to be a successful year above expectations for EfTEN Real Estate Fund III AS. Despite the two coronavirus waves that occurred during the year, the…
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 19,1057 euros as of 31 December 2021, increasing by 4.2% during December. The net asset value of the EPRA share (net book value excluding the deferred income…
In the third quarter, compared with the same quarter last year, housing affordability increased substantially in Riga; in Vilnius, the increase was less pronounced, while in Tallinn it, on the contrary, decreased. A decrease in interest rates supported affordability in…
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 18.3322 euros as of 30.11.2021, increasing by 0.8% during November. The net asset value of the EPRA share (net book value excluding the deferred income tax liability…
The net asset value (NAV) of EfTEN Real Estate Fund III AS as of 31.10.2021 was 18.1929 euros, increasing by 0.8% during October. The net asset value of the EPRA share (net book value excluding the deferred income tax liability…
Management Board of Northern Horizon Capital AS (the Management Company) has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the first nine months of 2021. Baltic Horizon wins EPRA Gold award Baltic Horizon Fund…
EfTEN Real Estate Fund III AS’s consolidated sales revenue for the third quarter of 2021 totalled 3.458 million euros (3rd quarter of 2020: 2.833 million euros), increasing by 22% year-on-year. The increase in sales revenue is 68% due to new…
Group CEO’s review The third quarter of 2021 brought exciting times in the history of Arco Vara: not a single apartment that wouldn’t be pre-sold was left, the share price showed record highs and the new share issue was very…
The net asset value (NAV) of EfTEN Real Estate Fund III AS was 18.0499 euros as of 30.09.2021, increasing by 0.9% in September. The net asset value of the EPRA share (net book value excluding deferred income tax liability and…
The housing affordability index (HAI) shows that affordability increased in all Baltics in the second quarter; however, the state of affairs is more complex than the indicator suggests, and affordability picture is likely distorted. Price increases for newly built apartments…