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Eastnine AB ( (SE:EAST) ) has shared an announcement.
Eastnine AB reported a significant increase in profit from property management and overall profit for the first quarter of 2025, driven by an expanded property portfolio and unrealized changes in property values in Poland. The company’s rental income surged by 72%, and the surplus ratio improved to 94%, while the occupancy rate remained steady at 96%. Key developments include a proposed dividend increase and a new dividend policy aimed at annual growth, alongside the nomination of Louise Richnau as the new Chairperson of the Board.
More about Eastnine AB
Eastnine AB is a real estate company focused on providing modern and sustainable office spaces. The company is committed to creating venues that foster creativity and successful business operations, with an emphasis on high-quality service and accessibility for tenants and visitors.
YTD Price Performance: -4.13%
Average Trading Volume: 91,770
Current Market Cap: SEK4.37B
Learn more about EAST stock on TipRanks’ Stock Analysis page.