Eastnine AB publishes Interim report for the first quarter 2018
Key events during the quarter: · Net Asset Value (NAV) per share was SEK 109.6, or EUR 10.64, an increase of 0.7% during the quarter¹. · Real Estate Direct increased in value by 0.8% and Real Estate funds by 2.5%, while Other decreased by 0.3%. · Acquisition of commercial properties Alojas Biroji and Alojas Kvartals in Riga for a total cash consideration of EUR 29.6m. · EUR 3.5m investment in EC Baltic Property Fund III. · Divestment of non-core assets for EUR 38.7m in total, including all shares in Komercijalna Banka Skopje and EC Eastern Europe Small Cap Fund, and main