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EfTEN Real Estate Fund AS unaudited results for 2nd quarter and 1st half-year 2025
Globenewswire· 2025-07-31 13:00
The fund's consolidated net operating income (NOI) for H1 2025 was €14.845 million (H1 2024: €14.781 million), reflecting a 0.4% increase. The NOI margin was 92% in H1 (2024: 93%), indicating that direct property-related costs (including land tax, insurance, maintenance and improvement works), along with marketing expenses, accounted for 8% of the fund's revenue (2024: 7%). In Q2 2025, the fund earned a consolidated net profit of €4.025 million (Q2 2024: €2.442 million). The increase in net profit was prima ...