Eastnine interim report January–March 2024
2024 opens with a new record level in profit from property management, in spite of lower occupancy rate and higher financing expenses. This improvement, compared to the first quarter of 2023, is attributable to interest income.January–March 2024 · Rental income is materially unchanged, amounting to EUR 9,064k (9,051). · Net operating income was EUR 8,359k (8,376), corresponding to a surplus ratio of 92 per cent (93). · Profit from property management increased by 17 per cent to EUR 5,326k (4,549), corresponding to EUR 0.24 per share (0.20). The increase is primarily due to