Key Takeaways
- • Enlight Research raised its base-scenario fair value for EfTEN Real Estate Fund AS (EFT1T) shares to 22.86 euros, per the research update dated August 12, 2025.
- • The new fair value is 1.6% above Enlight Research's prior analysis from December and almost 20% above the stock's last closing price on the Tallinn Stock Exchange.
- • Enlight cites four drivers: increasing dividend distributions, high occupancy in logistics, retail and elderly care, first signs of declining office vacancy, and a conservatively priced real estate portfolio.
- • The update was published by EfTEN Capital AS, the fund's manager, and is available on the websites of EfTEN Real Estate Fund and Enlight Research.
Summary
Enlight Research has updated its equity research and price target on EfTEN Real Estate Fund AS (EfTEN; ticker EFT1T), raising its target price on the shares. According to the analysis, the fair value of the share under the base scenario is 22.86 euros. That figure is 1.6% higher than the valuation in Enlight Research's previous analysis, published last December, and almost 20% above the stock's last closing price on the Tallinn Stock Exchange.
Enlight Research highlights four aspects of the fund. The first is increasing dividend distributions. The second is high occupancy across the logistics, retail and elderly care segments. The third is the first signs of decreasing vacancy in the office segment. The fourth is a conservatively priced real estate portfolio, which the research presents as a support for the valuation.
The full analysis is available on the websites of EfTEN Real Estate Fund AS and Enlight Research. The announcement was distributed via GlobeNewswire on behalf of EfTEN Capital AS, with Managing Director Kristjan Tamla named as the contact.
Enlight Research highlights four aspects of the fund. The first is increasing dividend distributions. The second is high occupancy across the logistics, retail and elderly care segments. The third is the first signs of decreasing vacancy in the office segment. The fourth is a conservatively priced real estate portfolio, which the research presents as a support for the valuation.
The full analysis is available on the websites of EfTEN Real Estate Fund AS and Enlight Research. The announcement was distributed via GlobeNewswire on behalf of EfTEN Capital AS, with Managing Director Kristjan Tamla named as the contact.
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