Eastnine (EAST) ABGSC Investor Days summary

Strategic direction and market positioning

• Focus on building a leading prime office real estate platform in Poland, Lithuania, and Latvia, targeting high-growth European regions.

• Ambition to lead in sustainability, with 100% of portfolio certified and 88% green financing.

• Portfolio value at EUR 962m, with 16 prime office assets and 271,500 sq.m. lettable area.

• Largest market exposure in Poland, followed by Vilnius and Poznan.

• Diversified tenant base across ICT, finance, e-commerce, and public sectors.

Financial performance and growth

• Rental income for Jan–Sep 2025 reached EUR 46.3m, up 59% year-on-year.

• Profit from property management for the same period was EUR 24.0m, up 49%.

• Net asset value at EUR 495m, with a market capitalization of EUR 415m as of September 2025.

• Loan-to-value ratio at 47%, interest coverage ratio at 2.5x, and average interest rate at 4.4%.

• Total shareholder return over one year at +8%, five-year average at +18%.

Portfolio and asset management

• High economic occupancy rate at 96.7% and surplus ratio at 93.2%.

• Major assets include Warsaw Unit (59,900 sq.m.), Nowy Rynek D and E in Poznan, and 3Bures in Vilnius.

• All major properties hold top sustainability certifications (BREEAM Outstanding, LEED Platinum).

• Weighted average property age is 8 years, with ongoing add-on and extension projects.

• Average rent at EUR 222/sq.m./year, with over 200 tenants and top 15 brands accounting for a significant share.