Last update: 10.12.2023 15:57 (GMT+2)
Short description of the EfTEN United Property Fund
The EfTEN United Property Fund is a contractual, public closed-end alternative investment fund. The fund invests in all sub-segments of real estate in the Baltic States (Estonia, Latvia, Lithuania): cash-flow generating commercial real estate, real estate development, rental apartments, etc. The EfTEN United Property Fund invests directly in real estate and in funds managed by the EfTEN Capital AS. The fund's management fee is 1.5% per annum, charged on the NAV of direct real estate investments. There are no entry or performance fees for the fund and the fund does not charge a management fee on investments in other EfTEN funds or on uninvested capital. The fund was established in April 2021 and opened for investments on June 22, 2021.
Contact person: Kristjan Tamla