Interim report January-March 2020
Eastnine AB (publ) has the highest profit from property management ever in the first quarter 2020. Larger property portfolio, higher occupancy rate and rising rent levels explain the positive development. The corona pandemic had only a small financial impact on the ongoing real estate business, but has had a negative impact on the value of other investments.January‒March 2020 · Rental income increased by 52 per cent to EUR 4,475k (2,947). The increase is primarily attributable to a larger property portfolio, but also due to a higher occupancy rate and higher rent level. Rental income