Interim report January–September 2023
Eastnine has a very stable financial position following the sale of the holding in Melon Fashion Group (MFG) in August and the redemption of Eastnine’s sole bond at the beginning of October. Profit from property management for the quarter and the period reached new record highs. Interest income, a larger property portfolio, and a higher average occupancy rate and rent levels impacted positively.January–September 2023 · Rental income increased by 25 per cent to EUR 27,200k (21,804), as a result of a larger property portfolio as well as a higher average occupancy rate and rent level