Q2 2025 Eastnine AB (publ) Earnings Call Transcript

Jul 07, 2025 / 01:00PM GMT
Kestutis Sasnauskas - Eastnine AB(publ)-Chief Executive Officer

And welcome to our, first half result presentation. My name is Kestutis Sasnauskas, I'm CEO of Eastnine, and with me is Britt Marie. Today, we will go through the first half and the second quarter and discuss a little bit about the market and the opportunities we see. So before I start, I just want to know that please post your questions during our presentation, so we can start responding to them directly after.

We are building a very exciting company in the fastest growing part of Europe, and it's a company focused on prime offices in prime locations and our offices actually yielding not as offices in most of the European countries, they're actually yielding very highly at 6.2%. our surplus ratio is 93.5%, and we, enjoy very high occupancy. Our property portfolio over the last 1 -12 months has increased by 47%. So it's an amazing, development, over these years and, especially even during the last quarter.

Our rental income is up 62%. In comparable portfolio, we grow 5.1% over this quarter.

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