Eastnine publishes the 2019 Annual Report

Eastnine AB’s (publ) Annual Report for 2019, both Swedish and English version, is now available on the company’s website www.eastnine.com.

The printed Annual Report will be delivered to those who have requested it shortly.

 

Key events after the end of the financial year

The annual report contains the following writing regarding Covid-19's effects on Eastnine:

Covid-19 will affect the economy worldwide. The situation changes rapidly, making the situation difficult to assess. Eastnine analyzes and evaluates the course of events and the effects on the Company daily. Eastnine has a high occupancy rate, long remaining average rental period, mainly office tenants and high financial stability. All in all, this means that the Company is expected to have a stable base on which to face the negative consequences of the Corona pandemic.

 

Eastnine AB (publ)

 

For more information contact:

Kestutis Sasnauskas, CEO, +46 8 505 97 700

Britt-Marie Nyman, CFO and Deputy CEO, +46 70 224 29 35

 

Eastnine AB is a Swedish real estate company with a property value of EUR 290m and a net asset value of EUR 268m as of December 31, 2019. 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.

 

This information is information that Eastnine AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 9.00 a.m. CET on 27 March 2020.