February 13, 2025 - 11:01
EfTEN Real Estate Fund AS reported a consolidated rental income of €2,556 thousand for January 2025. This marks a decline compared to December 2024, when the fund generated €2,861 thousand in rental income. The previous month's figures were bolstered by €238 thousand in turnover-based rent from shopping centers, recognized at the end of the year.
The decrease in January's rental income can also be attributed to a rent discount agreement established in Lithuania, which is set to last for the next six months. Under this agreement, the tenant has committed to investing €135 thousand of their own funds to enhance the rental premises.
These adjustments reflect the fund's strategic decisions aimed at maintaining tenant relationships while ensuring property improvements. The overall performance of the fund continues to be closely monitored as it adapts to changing market conditions and tenant needs.
June 24, 2025 - 06:13
Goldman Sachs Appoints Aekloveya Shyam as Head of M&A in Global Real EstateGoldman Sachs has made a significant leadership change by appointing Aekloveya Shyam as the new head of mergers and acquisitions (M&A) within its Global Real Estate Group. This decision was...
June 23, 2025 - 23:14
Katherine Cruz Elevated to Engineering Manager at Hancock AssociatesDanvers, MA—Hancock Associates has announced the promotion of Katherine Cruz, P.E., LEED AP, to the position of Engineering Manager. Known affectionately as `Katie` among her colleagues, Cruz has...
June 23, 2025 - 11:48
Will the US-Iran War Trigger an Economic Crisis in America?As tensions escalate between the United States and Iran, concerns are mounting about the potential repercussions on the American economy. Analysts warn that a prolonged conflict could lead to...
June 22, 2025 - 21:27
This Week's Most Sought-After Brooklyn Properties: A Focus on Ditmas ParkIn the latest round-up of popular Brooklyn listings, attention has shifted to an array of charming properties, including a notable Colonial Revival home in Ditmas Park. These listings showcase the...