T
he Supervisory Board of EfTEN Real Estate Fund AS has approved a plan to increase the company's share capital by issuing up to 1 million new ordinary shares. This decision was made on November 11, 2024. The subscription period ran from November 21 to December 6, 2024, and attracted 845 investors, including 388 existing shareholders who subscribed for 620,544 shares.
The remaining unsubscribed shares, totaling 379,456, were cancelled. Today, the Supervisory Board decided how to distribute the subscribed shares among the investors. First, 417,542 shares were allocated to existing shareholders in accordance with their pre-emptive right of subscription. The remaining 203,002 shares were distributed based on the subscriptions that exceeded this preferential allocation.
realestate
EfTEN RE Fund Distributes New Shares to Investors
The EfTEN Real Estate Fund's Supervisory Board Adopted a Resolution on November 11, 2024.
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![Residential property exterior, 1588 Barclay Avenue, showcasing a single-family home in [location].](https://static.realestate.news/2025/5/24/21409/OwensboroTimes-T-Logo.png)
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Barclay Avenue Property Highlight: 1588 Barclay Avenue
This Week's Real Estate Spotlight: A Daviess County Listing, Sponsored by German American Bank.
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Arizona Real Estate Market Shows Signs of Slowing Growth
Arizona real estate market cools to rare buyers market with falling prices and rising inventory.
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Agent Honored with Prestigious 'Gavel of Excellence Award'
Lorie Leal, American Caribbean Real Estate agent, wins Christie's International Real Estate Gavel of Greatness award.