Final Results of EfTEN Real Estate Fund's Share Offering Announced
December 24, 2024 - 01:46
EfTEN Real Estate Fund AS has officially announced the final results of its recent public share offering, following a decision made by its supervisory board on November 11, 2024. The fund has opted to increase its share capital by issuing up to 1,000,000 new ordinary shares. The subscription period for these shares commenced on November 21, 2024, and concluded on December 6, 2024.
During this period, a total of 620,544 shares were successfully subscribed. As a result of this process, any unsubscribed shares have been cancelled, streamlining the capital structure of the fund. The distribution of the subscribed shares received the green light from the Supervisory Board on December 7, 2024, marking a significant milestone for the fund.
This capital increase is expected to bolster the fund's financial resources, enabling it to pursue further investment opportunities and enhance its portfolio. The successful completion of this share offering reflects investor confidence in the fund's strategy and future growth potential.
MORE NEWS
February 21, 2026 - 23:16
Rogue Agents – EXP Realty LLC Real Estate Guide for Feb. 22This Sunday, the Rogue Agents team of EXP Realty is opening the doors to five distinct properties, offering prospective buyers a prime opportunity to explore available homes in the area. The...
February 21, 2026 - 04:36
The highs and lows of Minnesota’s 2025 housing marketProspective homebuyers and sellers in Minnesota are facing a market of contrasts as they look toward 2025. The latest comprehensive analysis of statewide housing data reveals a landscape defined by...
February 20, 2026 - 03:19
Real Estate Transactions: Feb. 20, 2026The regional real estate landscape witnessed several significant transactions in the latter part of February, highlighting activity across different price points. In Athol, a commercial transfer...
February 19, 2026 - 05:42
Real estate secondaries volume reached a record $20bn in 2025The market for real estate secondaries has reached an unprecedented milestone, with transaction volumes soaring to a record $20 billion in 2025. This surge highlights a fundamental shift in the...