Eastnine Year-end report 2023
Profit from property management increased by 32 per cent in 2023, reaching a record high. This positive development is chiefly the result of a larger property portfolio and an improved net interest income following the sale of Melon Fashion Group (MFG).January-December 2023 • Rental income increased by 19 per cent to EUR 36,166k (30,299), as a result of a larger property portfolio as well as a higher average occupancy rate and rent level during the year. In a comparable portfolio, rental income increased by 9 per cent. • Net operating income increased by 22 per cent