Eastnine AB
Eastnine AB (publ), formerly known as East Capital Explorer AB, is a specialized firm dedicated to real estate investments. Founded in November 2007, the company underwent a strategic transformation at the start of 2017, shifting its investment strategy from a blend of public and unlisted equity holdings to an exclusive focus on real estate assets. The firm actively seeks out growth opportunities within the property sector, engaging in direct real estate investments and participating in fund-of-funds arrangements. It also undertakes selective investments in special situations. Its mandate covers various components of the real estate market, including land, physical properties, and other related assets. Geographically, Eastnine primarily concentrates its investments in Eastern Europe, Russia, and the Commonwealth of Independent States (CIS) countries, specifically Ukraine, Kazakhstan, Belarus, Uzbekistan, Turkmenistan, Azerbaijan, Georgia, Armenia, Kyrgyzstan, Tajikistan, and Moldova. Its scope also extends to the Balkans, the Baltic States, and Central Europe. As a long-term and proactive investor, Eastnine finances its ventures directly from its balance sheet. While primarily focused on property, the firm retains the flexibility to allocate capital to future East Capital private equity and real estate funds, as well as existing and prospective alternative funds offered by East Capital. Additionally, it has the option to make limited investments in East Capital's open-ended, daily-traded funds. Headquartered in Stockholm, Sweden, Eastnine also operates offices in Tallinn, Estonia; Vilnius, Lithuania; and Riga, Latvia.