Eastnine leases to municipal company in Vilnius

Eastnine has signed a new lease agreement with the municipal company Vilniaus planas for almost 800 sq.m. in the property 3Bures-1,2 in Vilnius. The agreement runs for seven years, starting around the turn of the year 2020/2021.

Vilniaus planas is a municipal company in Vilnius, with responsibility for urban planning, city map digitization and related data collection as well as its application in the areas. The tenant will move in during the second half of December 2020 or the beginning of January 2021. The 3Bures-1,2 property comprises a total of approximately 28,400 sq.m. and is located in Vilnius' central business district. Vilniaus planas rents 795 sq.m.

“We welcome Vilniaus planas to 3Bures-1,2 and would like to see more community tenants in our properties. Vilniaus planas is of course of great importance for the development of Vilnius and thereby also the expansive and business-oriented part of the city where Eastnine has its properties”, says Kestutis Sasnauskas, CEO of Eastnine.

For more information contact:

Kestutis Sasnauskas, CEO, +46 8 505 97 700
Britt-Marie Nyman, CFO and deputy CEO, +46 7 70 224 29 35

Visit www.eastnine.com

Eastnine AB (publ) is a Swedish real estate company with a property value of EUR 336m and a long-term net asset value of EUR 260m as of June 30, 2020. Eastnine’s vision is to create and provide prime venues where ideas can flow, people can meet, and successful business can be developed. The mission is that Eastnine shall be the leading long-term provider of modern and sustainable office premises in prime locations in the Baltic capitals. Eastnine is listed on Nasdaq Stockholm Mid Cap, sector Real Estate.

The information was submitted for publication, through the agency of the contact persons set out above, at 7.00 a.m. CET on 16 October 2020.