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n May, EfTEN Real Estate Fund AS reported a consolidated rental income of EUR 2.6 million, up EUR 33 thousand from April. This increase is largely attributed to higher revenue in the logistics segment and rent hikes in elderly care facilities. The fund's EBITDA for May reached EUR 2.2 million (April: EUR 2.1 million), while adjusted cash flow rose by EUR 138 thousand to EUR 1.1 million.

    The portfolio vacancy rate dropped to 4% due to new lease agreements signed at Pärnu mnt 102 in Tallinn. For the first five months of 2025, rental income stood at EUR 12.9 million, a 1.3% increase from the same period last year. However, consolidated EBITDA declined by 2.7% to EUR 10.6 million, mainly due to higher utility costs in vacant office spaces.

    Interest expenses decreased by EUR 768 thousand compared to last year, and the fund's weighted average interest rate fell to 4.09%. Free cash flow rose by 5.4% over the same period last year. As of May, the net asset value (NAV) per share was EUR 19.7782, while the EPRA NRV stood at EUR 20.6479, both increasing by 0.7% from April.