History
Eastnine invests in modern, sustainable and high-yielding office properties in Poland and the Baltics. The Company was founded and listed by East Capital in 2007 and called East Capital Explorer until May 2017. The Company was previously an investment company with various types of investments and the portfolio was managed in its entirety by East Capital until spring 2016.
In the beginning of 2017, the Board decided that Eastnine should transform into a focused real-estate company and investments that were not directly-owned real estate have gradually been divested. Freed-up capital has been invested in office properties in Poland, Lithuania and Latvia. Since August 2023, Eastnine is a pure real estate company.
Warsaw Unit
Acquires Warsaw Unit in the largest office transaction in Europe 2024. The acquisition establishes Eastnine in Warsaw and is marking the largest step to date on Eastnine's journey building a leading office property company in the fastest growing part of Europe.
Acquisition of Nowy Rynek E in Poland
Eastnine acquires its second building in Poland, Poznan
Divestment of MFG
Divestment of the holding in the fashion chain Melon Fashion Group (MFG).
Acquisition of Nowy Rynek D in Poland
Eastnine has acquired a newly built office property in Poznan, Poland. With the deal, Eastnine makes its entrance as a property owner in Poland.
Divestment of fund
East Capital Baltic Property Fund II is under termination after all assets in the fund have been divested. Fair value of Eastnine’s fund holding is zero.
Divestment of fund
Eastnine AB (publ) avyttrar hela innehavet i East Capital Baltic Property Fund III. Köpeskillingen uppgår till cirka 25,1 MEUR, vilket motsvarar verkligt värde per sista september 2019.
Holdings divestment
Divestment of holding in the bank Konercijalna Banka Skopje and in East capital Eastern Europe Small Cap Fund.
Change of name
East Capital Explorer renamed to Eastnine.
Trev-2 sale
Sale of holding in the infrastructure company Trev-2.
Starman sale
Sale of the holding in the cable TV company Starman.
Independent investment entity
East Capital Explorer becomes independent investment entity.
Company founded
The company was founded and listed by East Capital in 2007 as an opportunity to give equity holders a liquid exposure to other hard-to-reach markets in Eastern Europe by investing in a diversified portfolio of primarily East Capital funds, but also selective private equity investments.