Business model and values
Business model
The business is conducted in three different areas:
Management
Property management shall take place in close cooperation with customers enabling both Eastnine and customers to reach their respective targets.
Improvement/development
The property portfolio shall be continuously improved by investing in the existing portfolio in order to increase profitability. Development of new properties will take place when the estimated yield is sufficient.
Transaction
New acquisitions and re-allocation of investments shall contribute to the profitability.
Value
The common basis of the employees
Eastnine's employees work based on four fundamental and unifying values; Solution-oriented, creative, responsive and transparent.
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Latest Annual Report
Pure real estate company with record profit
Eastnine presented a record profit from property management for 2023. Contributory factors included a larger property portfolio, a higher average occupancy rate and rent level
Kestutis Sasnauskas, CEO Eastnine