Business
EAST: Profit from property management up 21% and portfolio expanded with Nowy Rynek E acquisition
EAST: Profit from property management up 21% and portfolio expanded with Nowy Rynek E acquisition
About this update from Eastnine Ab
Profit from property management rose 21% year-over-year, driven by higher interest income and a positive acquisition in Poland. Occupancy and surplus ratios improved, while the loan-to-value ratio increased to 38% following the Nowy Rynek E purchase.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.