12864036ActivePublic limited companyVAT-registered

EfTEN Real Estate Fund AS

Registered 10. juuni 2015, primary activity: Fund management activities. Main place of business in Kesklinna linnaosa, Tallinn, Harju maakond.

Kesklinna linnaosa, Tallinn, Harju maakondEMTAK 66301 — Fund management activities10+ years
Updated 39 min ago
e-Business Register
Revenue 2026 (I kv)
€28k
▼ 50% vs 2025 I kv
As of 10.04.2026 (MTA)
Employees
—
2026 (MTA)
Taxes paid
508 €
State + labour taxes · 2026 (I kv)
Tax debt
€0
As of 12.05.2026 (MTA)

Overview

e-Business Register · 39 min ago
Legal form
Public limited company
Date of first registration
10.06.2015e-Business Register
Address
A. Lauteri tn 5, Kesklinna linnaosa, Tallinn, 10114 Harju maakondADS · e-Business Register
E-mail address
[email protected]e-Business Register
Principal activity
EMTAK 66301 — Fund management activitiese-Business Register · ETCB
VAT number
EE101802961ETCB · VAT-registered
Share capital
115 248 460,00 €e-Business Register
LEI
4851000008JBI71L7643 · issued 12.09.2017GLEIF

Officers (6)

e-Business Register · 39 min ago
TU
Tõnu Uustalu
Born 1975 · 51 y · board member since 10.06.2015
Board member
VA
Viljar Arakas
Born 1979 · 47 y · board member since 10.06.2015
Board member
OO
Omanikukonto: OLAV MIIL
Born 1967 · 59 y · supervisory board member since 19.06.2025
Supervisory board member
SR
Sander Rebane
· supervisory board member since 19.06.2025
Supervisory board member
SP
Siive Penu
Born 1967 · 59 y · supervisory board member since 19.06.2025
Supervisory board member
AA
Arti Arakas
Born 1968 · 58 y · supervisory board member since 19.06.2025
Supervisory board member

Founders (11)

e-Business Register · 39 min ago
AE
AS EsravenLEGAL PERSON
Legal person · 10175114 · founder since 06.05.2015
Founder · €500k
OO
Omanikukonto: OLAV MIIL
Born 1967 · 59 y · founder since 06.05.2015
Founder · €200k
AH
AKTSIASELTS HELMESLEGAL PERSON
Legal person · 10364097 · founder since 06.05.2015
Founder · €500k
AO
Arendusmaa OÜLEGAL PERSON
Legal person · 11309338 · founder since 06.05.2015
Founder · €50k
MH
Miemma Holding OÜLEGAL PERSON
Legal person · 11444929 · founder since 06.05.2015
Founder · €50k
OE
Osaühing EggeraLEGAL PERSON
Legal person · 10540814 · founder since 06.05.2015
Founder · €500k
OG
OÜ GreatwayLEGAL PERSON
Legal person · 11449192 · founder since 06.05.2015
Founder · €500k
OK
OÜ KEYLEGAL PERSON
Legal person · 10175002 · founder since 06.05.2015
Founder · €500k
OL
OÜ LoogikaLEGAL PERSON
Legal person · 11058681 · founder since 06.05.2015
Founder · €50k
OP
OÜ Peak LivingLEGAL PERSON
Legal person · 12317245 · founder since 06.05.2015
Founder · €10k
OS
OÜ Sannu InvesteeringudLEGAL PERSON
Legal person · 11466931 · founder since 06.05.2015
Founder · €500k

Shareholders (4)

e-Business Register · 39 min ago
AK
Altiuse KVI OÜLEGAL PERSON
Legal person · 16717763 · shareholder since 06.01.2026
Shareholder 14% · €15.7m
OH
OÜ HoiukontoLEGAL PERSON
Legal person · 14366325 · shareholder since 30.12.2024
Shareholder 11% · €12.9m
RA
REF Aktsiad OÜLEGAL PERSON
Legal person · 16648246 · shareholder since 30.12.2024
Shareholder 11% · €12.6m
AL
Aktsiaselts LHV VarahaldusLEGAL PERSON
Legal person · 10572453 · shareholder since 02.09.2025
Shareholder 10% · €12.0m

Other persons (2)

e-Business Register · 39 min ago
AP
Aktsiaselts PricewaterhouseCoopersLEGAL PERSON
Legal person · 10142876 · auditor since 06.05.2015
Auditor
NC
Nasdaq CSD SEFOREIGN
Foreign / not in register · registrar of the shares since 28.09.2017
Registrar of the shares

Subsidiaries

e-Business Register · shareholders · 39 min ago

EfTEN Real Estate Fund AS is a shareholder or officer in 21 more companies.

EfTEN Autokeskus OÜ
Shareholder 100%Founder
EfTEN Ermi OÜ
Shareholder 100%Founder
EfTEN Härgmäe OÜ
Shareholder 100%Founder
EfTEN Hiiu OÜ
Shareholder 100%Founder
EfTEN Laagri OÜ
Shareholder 100%
EfTEN Paemurru OÜ
Shareholder 100%Founder
EfTEN Pirita OÜ
Shareholder 100%Founder
EfTEN Seljaku OÜ
Shareholder 100%Founder
EfTEN SPV12 OÜ
Shareholder 100%
EfTEN SPV14 OÜ
Shareholder 100%
EfTEN SPV15 OÜ
Shareholder 100%
EfTEN SPV17 OÜ
Shareholder 100%
EfTEN SPV2 OÜ
Shareholder 100%
EfTEN SPV3 OÜ
Shareholder 100%
EfTEN SPV4 OÜ
Shareholder 100%
EfTEN SPV5 OÜ
Shareholder 100%
EfTEN SPV6 OÜ
Shareholder 100%
EfTEN SPV7 OÜ
Shareholder 100%
EfTEN Tänassilma OÜ
Shareholder 100%Founder
EfTEN Valkla OÜ
Shareholder 100%Founder
EfTEN SPV11 OÜ
Shareholder 50%

Annual reports (6)

e-Business Register · annual reports · 2 päeva tagasi
YearRevenueProfitEquityAssetsEmployees
2024AUD—————17.06.2025
2023AUD—————16.05.2024
2022AUD—————14.06.2023
2021AUD—————26.09.2022
2020AUD—————30.06.2021
2019AUD—————30.06.2020
Original files (PDF, XBRL) — in the e-Business Register.View reports on e-Business Register

Taxes, revenue and employees

Estonian Tax and Customs Board · 10.04.2026 as of
€100k€50k0
20222023202420252026
YearRevenue (a)State taxesTaxes on workforceEmployees (Q4)
2026I Q28 003 €508 €0 €—
202573 193 €6166 €5040 €—
202432 487 €61 743 €58 024 €—
202327 001 €53 533 €50 518 €—
20225512 €11 638 €10 922 €—
Quarterly breakdown
YearQ1Q2Q3Q4
Revenue 2026€28k———
State taxes 2026508 €———
Taxes on workforce 20260 €———
Employees 2026————
Revenue 2025€56k0 €€8k€9k
State taxes 2025—€6k——
Taxes on workforce 2025—€5k——
Employees 2025————
Revenue 2024€4k0 €€11k€17k
State taxes 2024—€59k—€3k
Taxes on workforce 2024—€58k—0 €
Employees 2024————
Revenue 2023€4k0 €€8k€15k
State taxes 2023€1k€51k—784 €
Taxes on workforce 20230 €€51k—0 €
Employees 2023————
Revenue 2022€4k€1k0 €54 €
State taxes 2022—€11k—159 €
Taxes on workforce 2022—€11k—0 €
Employees 2022————

History (32)

e-Business Register · entries
27.11.2025
Amending entry
Ä 50009751 / 15 · Status: In force
27.11.2025
Amending entry
Entry no. 15
23.12.2024
Amending entry
Ä 50009751 / M2 · Status: Puudused kõrvaldatud
23.12.2024
Amending entry
Ä 50009751 / 14 · Status: In force
23.12.2024
Amending entry
Entry no. 14
Show 27 more events
28.02.2023
Teine, konstitutiivne ühinemiskanne (ühendava isiku registrikaardile)
Ä 50009751 / 13 · Status: In force
28.02.2023
Teine, konstitutiivne ühinemiskanne (ühendava isiku registrikaardile)
Entry no. 13
17.06.2021
Amending entry
Ä 50009751 / 12 · Status: In force
17.06.2021
Amending entry
Entry no. 12
29.06.2020
Amending entry
Ä 50009751 / M1 · Status: Puudused kõrvaldatud
29.06.2020
Amending entry
Ä 50009751 / 11 · Status: In force
29.06.2020
Amending entry
Entry no. 11
14.06.2019
Amending entry
Ä 50009751 / 10 · Status: In force
14.06.2019
Amending entry
Entry no. 10
18.01.2018
Amending entry
Ä 50009751 / 9 · Status: In force
18.01.2018
Amending entry
Entry no. 9
10.12.2017
Amending entry
Ä 50009751 / 8 · Status: In force
10.12.2017
Amending entry
Entry no. 8
22.11.2017
Amending entry
Ä 50009751 / 7 · Status: In force
22.11.2017
Amending entry
Entry no. 7
12.10.2017
Amending entry
Ä 50009751 / 6 · Status: In force
12.10.2017
Amending entry
Entry no. 6
28.09.2017
Amending entry
Ä 50009751 / 5 · Status: In force
28.09.2017
Amending entry
Entry no. 5
18.05.2017
Amending entry
Ä 50009751 / 4 · Status: In force
18.05.2017
Amending entry
Entry no. 4
26.04.2016
Amending entry
Ä 50009751 / 3 · Status: In force
26.04.2016
Amending entry
Entry no. 3
10.08.2015
Amending entry
Ä 50009751 / 2 · Status: In force
10.08.2015
Amending entry
Entry no. 2
10.06.2015
First entry
Ä 50009751 · Status: In force
10.06.2015
First entry
Entry no. 1

Connected companies

Via the same person

Persons connected to this company also hold roles in 144 other companies.

Tõnu UustaluBoard member · 42 other companies
Aktsiaselts Hortes
Procurator
Arendusmaa OÜ
FounderBoard memberShareholder 100%Ultimate beneficial owner
EfTEN Autokeskus OÜ
Board memberUltimate beneficial owner
EfTEN Ermi OÜ
Board memberUltimate beneficial owner
EfTEN Hiiu OÜ
Board memberUltimate beneficial owner
EfTEN Härgmäe OÜ
Board memberUltimate beneficial owner
EfTEN K141 OÜ
Board memberUltimate beneficial owner
EfTEN Kinnisvarafond II AS
Board memberUltimate beneficial owner
EfTEN Kinnisvarateenuste OÜ
Board memberUltimate beneficial owner
EfTEN Kristiine OÜ
Board memberFounderShareholder 0%Ultimate beneficial owner
EfTEN Laagri OÜ
Board memberUltimate beneficial owner
EfTEN Marienthal OÜ
Board memberUltimate beneficial owner
EfTEN Neljas GP OÜ
Board memberUltimate beneficial owner
EfTEN Paemurru OÜ
Board memberUltimate beneficial owner
EfTEN Pirita OÜ
Board memberUltimate beneficial owner
EfTEN Real Estate Fund 5 usaldusfond
Ultimate beneficial owner
EfTEN REF GP OÜ
Board memberUltimate beneficial owner
EfTEN Residential Fund usaldusfond
Ultimate beneficial owner
EfTEN Seljaku OÜ
Board memberUltimate beneficial owner
EfTEN Sky OÜ
Board memberUltimate beneficial owner
EfTEN SOF GP OÜ
Board memberUltimate beneficial owner
EfTEN SPV11 OÜ
Board memberUltimate beneficial owner
EfTEN SPV12 OÜ
Board memberUltimate beneficial owner
EfTEN SPV14 OÜ
Board memberUltimate beneficial owner

… and 18 more companies

Viljar ArakasBoard member · 47 other companies
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Supervisory board member
Coop Pank AS
Supervisory board member
EfTEN Autokeskus OÜ
Board memberUltimate beneficial owner
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Board memberUltimate beneficial owner
EfTEN Ermi OÜ
Board memberUltimate beneficial owner
EfTEN Hiiu OÜ
Board memberUltimate beneficial owner
EfTEN Härgmäe OÜ
Board memberUltimate beneficial owner
EfTEN K141 OÜ
Board memberUltimate beneficial owner
EfTEN Kinnisvarafond II AS
Board memberUltimate beneficial owner
EfTEN Kristiine OÜ
Board memberUltimate beneficial owner
EfTEN Laagri OÜ
Board memberUltimate beneficial owner
EfTEN Marienthal OÜ
Board memberUltimate beneficial owner
EfTEN Neljas GP OÜ
Board memberUltimate beneficial owner
EfTEN Paemurru OÜ
Board memberUltimate beneficial owner
EfTEN Pirita OÜ
Board memberUltimate beneficial owner
EfTEN Real Estate Fund 5 usaldusfond
Ultimate beneficial owner
EfTEN REF GP OÜ
Board memberUltimate beneficial owner
EfTEN Residential Fund usaldusfond
Ultimate beneficial owner
EfTEN Seljaku OÜ
Board memberUltimate beneficial owner
EfTEN Sky OÜ
Board memberUltimate beneficial owner
EfTEN SOF GP OÜ
Board memberUltimate beneficial owner
EfTEN SPV11 OÜ
Board memberUltimate beneficial owner
EfTEN SPV12 OÜ
Board memberUltimate beneficial owner
EfTEN SPV14 OÜ
Board memberUltimate beneficial owner

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OÜ Derivaat NH3
Ultimate beneficial ownerSupervisory board member
OÜ Derivaat NH3 Power
Ultimate beneficial owner
OÜ Mindspa Holding
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OÜ Nordic Stream Group
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OÜ Paxton Assets
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OÜ Taali Grupp
Ultimate beneficial ownerBoard memberFounderShareholder 100%
OÜ Teokarp
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PrefabEU OÜ
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REF Aktsiad OÜ
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THE GIFT OÜ
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V&M Laevanduse OÜ
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Arti ArakasSupervisory board member · 18 other companies
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Altiuse KVI OÜ
Board memberUltimate beneficial owner
AS Arco Color
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ATMD Investeeringute OÜ
Ultimate beneficial owner
EfTEN Capital AS
Supervisory board member
EfTEN Kinnisvarafond II AS
Supervisory board member
Euro Houses Development OÜ
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Heltul OÜ
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Osaühing Arco Metal
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osaühing Tolli Vara
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OÜ Greatway
Ultimate beneficial ownerBoard memberShareholder 100%
OÜ KE GEO
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OÜ Küttemaailm
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OÜ Spik
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Pistiku Haldus OÜ
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