Eften Real Estate Fund significantly increases profits

Eften Real Estate Fund increased its net profit and set a target to pay dividends of 1.1 euros per share for last year.

  • Villar Arakas, Fund Manager, Eften Real Estate Fund. Photo: Liis Treimann

According to unaudited data, the Eften Real Estate Fund earned 31 million euros in rental income last year, an increase of 1.5% from the previous year (30.6 million euros). Net profit rose to 13.5 million euros, while a year earlier it was 1 million euros, the company said in a stock exchange statement.

Source: www.dv.ee