Brief: Eastnine Acquires Office Property In Poland For EUR 120.6 Mln

Eastnine AB (publ)

06/05/2022 12:26

May 6 (Reuters) - Eastnine AB (publ)  EAST9.ST :
    * EASTNINE ACQUIRES OFFICE PROPERTY IN POLAND
    * EASTNINE HAS ACQUIRED A NEWLY BUILT OFFICE PROPERTY IN
POZNAN,
POLAND FOR EUR 120.6M
    * ACQUISITION IS FINANCED THROUGH A GREEN LOAN FROM BERLIN
HYP,
ONE OF LEADING GERMAN REAL ESTATE BANKS, AND WITH CASH AND CASH
EQUIVALENTS
    * ACQUISITION MEANS THAT PROFIT FROM PROPERTY MANAGEMENT IN
EARNING CAPACITY INCREASES BY 45 PER CENT TO 16.1 MEUR
    * WITH DEAL, EASTNINE MAKES ITS ENTRANCE AS A PROPERTY OWNER
IN
POLAND

Source text for Eikon:  ID:nWkr7mnL9Z 
Further company coverage:  EAST9.ST 

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