Sweden's Eastnine profit from property management up 40% on Poland acquisitions

Eastnine AB (publ)

05/02/2026 13:10

Overview

Swedish real estate firm's profit from property management rose 40% in 2025

Rental income increased by 49% in 2025

Company proposes 7% dividend increase to SEK 1.28 per share

Outlook

Eastnine plans additional acquisitions in Warsaw in 2026

Company sees sustained demand for office space despite geopolitical tensions

Eastnine benefits from stable financing conditions and plans to leverage them

Result Drivers

ACQUISITIONS IN POLAND - Profit from property management rose 40% in 2025, primarily due to two acquisitions in Poland during 2024

RENTAL INCOME GROWTH - Rental income increased by 49% for the year, with a 24% rise in Q4

HIGH OCCUPANCY RATE - Despite geopolitical tensions, Eastnine maintained a high occupancy rate of 95.8% at year-end

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Rental Income
EUR 61.72 mln
FY Net Income
EUR 41.74 mln
FY Operating Income
EUR 57.64 mln
FY Profit From Property Management
EUR 31.001 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the real estate rental, development & operations peer group is "buy"

Wall Street's median 12-month price target for Eastnine AB (publ) is SEK60.00, about 21.5% above its February 4 closing price of SEK49.40

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nWkr6gq1mP

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)