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An announcement from Eastnine AB ( (SE:EAST) ) is now available.
Eastnine AB reported a substantial increase in profit from property management, driven primarily by recent property acquisitions. The company’s rental income and net operating income saw significant growth, and the occupancy rate improved to 97%. The appointment of a new Chairperson and a country manager for Poland indicates strategic leadership changes aimed at further strengthening its market position.
More about Eastnine AB
Eastnine AB is a real estate company focused on property management and acquisitions, with a significant presence in the European market. The company specializes in acquiring and managing commercial properties, with a strong emphasis on increasing profitability through strategic acquisitions.
Average Trading Volume: 105,961
Current Market Cap: SEK4.94B
See more insights into EAST stock on TipRanks’ Stock Analysis page.