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.
July 30, 2025 - 09:45
Real Estate Transactions in Lucas County: July 18-24, 2025In the week spanning July 18 to July 24, 2025, several notable real estate transactions took place in Lucas County, highlighting the ongoing activity in the local property market. One significant...
July 29, 2025 - 22:02
Record-Breaking Sale: Dr. Nicole Martin's Waterfront Mansion Sold for $40 MillionIn a stunning real estate transaction, Dr. Nicole Martin`s luxurious waterfront mansion in Coral Gables has been sold for an astounding $40 million. This sale marks a new record for the area,...
July 29, 2025 - 02:07
Positive Changes on the Horizon for Real Estate AppraisersIn a significant shift for the real estate appraisal industry, professionals who have long faced challenges and abuse are beginning to see a glimmer of hope for improvement. The landscape for...
July 28, 2025 - 08:18
Groundbreaking Ceremony for New 312-Unit Residential Development in Lexington, MALEXINGTON, Mass.— A significant milestone has been reached as construction has officially commenced on a new residential project featuring 312 mixed-income units at 17 Hartwell Avenue. This...