Eastnine
- Company typePublic
- Founded2007
- HeadquartersStockholm, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingServices
Eastnine firmographics
Firmographics- Name
- Eastnine
- Legal name
- Eastnine AB (publ)
- Website
- https://eastnine.com
- Company type
- Public
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Eastnine industry classification
Industry- Product category
- Commercial Real Estate
- NAICS
- Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Lessors of Real Estate (5311)
- SIC
- Operators Of Nonresidential Buildings (6512), Real Estate (6500)
- akta.pro primary industry
- Office Property Management (BPAJAGAA)
- akta.pro secondary industry
- Property Management Advisory & Leasing Administration (FSAEAJAN)
Keywords
Where Eastnine is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices4 records
Markets served
Eastnine business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Commercial Real Estate Rental Income: Eastnine generates rental income from leasing premium office space to corporate tenants under triple-net lease agreements. Tenants pay base rent plus costs including operational and maintenance costs, property taxes, site leasehold fees, insurance and property caretaking. Rental income is the primary revenue driver, with full-year 2025 rental income reaching EUR 61,723k, a 49% increase year-on-year driven by acquisitions in Poland.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Rental income based on contracted lease agreements with enterprise tenants |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Eastnine product offering
Product offeringCore offering
Eastnine invests in and manages premium office properties in prime locations across Warsaw, Poznan, Vilnius, and Riga. The company leases approximately 271,000 sqm of lettable area across 16 properties under triple-net lease agreements to large corporate, multinational and government tenants, while providing in-house property management, leasing and tenant services through local country organizations.
Product overview
Eastnine is a Swedish real estate company listed on Nasdaq Stockholm that operates as a single unified real estate investment and management platform. The company invests exclusively in premium office properties in prime locations across Warsaw and Poznan in Poland, and Vilnius in Lithuania and Riga in Latvia. The property portfolio consists of 16 individual office buildings totaling approximately 271,000 sqm of lettable area. Properties include Warsaw Unit (the flagship 46-story landmark), Nowy Rynek D and E in Poznan, S7-1/2/3, 3Bures complexes, Uniq, Uptown Park, Vertas properties in Vilnius, and Valdemara Centrs and Kimmel in Riga. All properties are sustainability certified (LEED Gold minimum or BREEAM Excellent). The company delivers property management, leasing, and tenant services through local organizations in each country.
Differentiator
Problem solved
Functional benefit
Products and services
- Warsaw Unit 46-story, 202-meter landmark office building in Warsaw's Rondo Daszyńskiego district with approximately 59,800 sqm of lettable area and 400 parking spaces. Certified BREEAM Outstanding and WELL Core v2 Platinum. Tenants include Warta, Allegro, Amazon, Stryker, Moderna, CBRE, McKinsey, Danske Bank, Telia, Swedbank, ROCKWOOL and Panattoni.
- Nowy Rynek D Office property in Poznan, Poland, part of Eastnine's premium office portfolio serving enterprise tenants.
- Nowy Rynek E Office property in Poznan, Poland, contributing to the increase in property management result during 2024.
- S7-1 Office property in Vilnius, Lithuania, part of the S7 business district portfolio serving enterprise tenants.
- S7-2 Office property in Vilnius, Lithuania; tenant includes Telia.
- S7-3 Office property in Vilnius, Lithuania. Danske Bank extended lease of approximately 14,500 sqm in 2024 for 5 years.
- 3Bures-1,2 Office property in Vilnius, Lithuania; Vilnius Municipality signed a 10-year lease for approximately 1,900 sqm with move-in estimated for March 2025.
- 3Bures-3 Office property in Vilnius, Lithuania; IBM signed a 5-year lease for approximately 1,500 sqm with move-in estimated for April 2025.
- Uniq Office property in Vilnius, Lithuania, part of Eastnine's premium office portfolio.
- Uptown Park Office property in Vilnius, Lithuania; LEED Platinum certified for existing buildings. Vinted signed a seven-year expanded lease in 2025.
- Vertas-1 Office property in Vilnius, Lithuania, part of Eastnine's premium office portfolio.
- Vertas-2 Office property in Vilnius, Lithuania, part of Eastnine's premium office portfolio.
- Valdemara Centrs Office property in Riga, Latvia, part of Eastnine's premium office portfolio.
- 3 Bures 4 Office property in Vilnius, Lithuania, part of Eastnine's premium office portfolio.
- Kimmel Office property in Riga, Latvia, part of Eastnine's premium office portfolio.
- Office Property Leasing Services Triple-net office space leasing services to enterprise tenants across Poland and the Baltics, with rents negotiated on a per-square-meter basis. Tenants pay base rent plus operational costs, property taxes, site leasehold fees, insurance and property caretaking. Average rental level approximately EUR 200 per sqm per year.
Companies that use Eastnine
Customer profileNamed customers15 records
Segments2 records
Ideal customer profiles2 records
Eastnine technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Eastnine partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Ghelamco / Warsaw Unit NVcoreGhelamco, through its subsidiary Warsaw Unit NV, sold Warsaw Unit to Eastnine for EUR 280 million. Ghelamco also became a shareholder in Eastnine through a set-off issue of 8,760,684 new shares (representing the purchase price portion settled as equity).
Scale indicators9 records
Recent moves9 records
Expansion highlights5 records
Eastnine competitors and assessment
Company assessmentDirect peers
- Globe Trade Centre (GTC): GTC is a CEE-focused commercial real estate company developing and managing office and retail properties primarily in Poland, Hungary, Romania, and Bulgaria. Directly comparable to Eastnine in geographic focus (Poland), product type (premium office), and target tenant base (multinational corporates).
- CPI Property Group: CPI Property Group is one of the largest owners of commercial real estate in CEE, with a diversified portfolio including offices in Warsaw, Prague, Budapest, and Berlin. Comparable to Eastnine in its CEE focus and premium office exposure, though significantly larger and broader across geographies and asset classes.
- CA Immobilien Anlagen (CA Immo): CA Immo is a Vienna-headquartered real estate company specializing in office properties across Germany, Austria, and CEE capitals including Warsaw, Budapest, Prague, and Bucharest. Comparable to Eastnine through its prime CEE office focus and institutional-grade ESG positioning.
- Echo Investment: Echo Investment is a major Polish real estate developer and asset manager with significant office exposure in Warsaw, Krakow, and Wroclaw. Comparable to Eastnine through its Polish office focus and large enterprise tenant relationships, though with a broader residential and mixed-use portfolio.
- Atrium European Real Estate: Atrium is a CEE-focused real estate company with retail and office properties across Poland, Czech Republic, Slovakia, Hungary, and Romania. Comparable to Eastnine through CEE focus, though historically more retail-weighted and currently undergoing strategic repositioning.
Emerging players
- VGP: VGP is a Belgian-headquartered pan-European real estate developer and owner focused on logistics, semi-industrial, and office properties with significant CEE operations including Poland, Czech Republic, and Hungary. Partially comparable through CEE geographic exposure, though primarily logistics-focused rather than office.
Broad incumbents
- Immofinanz: Immofinanz is a Vienna-based commercial real estate company with office and retail properties in CEE including Poland, Czech Republic, Hungary, and Romania. Comparable through CEE office focus, though broader across asset classes and geographies than Eastnine's pure-CEE-prime-office strategy.
- Hufvudstaden: Hufvudstaden is a Swedish premium office and retail real estate company focused on Stockholm's most prime locations. Comparable to Eastnine in its premium-office focus, ESG credentials, and blue-chip tenant strategy, though operating in Stockholm's most established districts rather than emerging CEE markets.
- Fabege: Fabege is a Swedish real estate company focused on prime office properties in central Stockholm, with strong ESG positioning and blue-chip tenant base. Highly comparable to Eastnine in business model (prime office, ESG-certified, blue-chip tenants), but operating in Stockholm rather than CEE.
- Castellum: Castellum is one of the largest Nordic real estate companies with a portfolio of office, logistics, and mixed-use properties primarily in Sweden and Denmark. Comparable to Eastnine as a Nordic-listed office REIT with sustainability focus, but operating in a different (more mature) geographic market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Eastnine social profiles
Digital presenceEastnine compliance and trust
Trust signalCompliance5 records
Eastnine financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eastnine leadership team
Management profileNumber of profiles
Profiles14 records
Eastnine subsidiaries and ownership
Company hierarchySubsidiaries4 records
Eastnine funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eastnine M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eastnine
What does Eastnine do?
Eastnine invests in and manages premium office properties in prime locations across Warsaw, Poznan, Vilnius, and Riga. The company leases approximately 271,000 sqm of lettable area across 16 properties under triple-net lease agreements to large corporate, multinational and government tenants, while providing in-house property management, leasing and tenant services through local country organizations.
Is Eastnine a public or private company?
Eastnine is a public company. It is classified as public and is currently operating.
When was Eastnine founded?
Eastnine was founded in 2007. It employs 11 to 50 people.
Where is Eastnine based?
Eastnine is headquartered in Stockholm, Sweden, in the Europe region.
How does Eastnine make money?
One revenue line is on record: commercial Real Estate Rental Income.
Who are Eastnine's main competitors?
Direct peers on record are Globe Trade Centre (GTC), CPI Property Group, CA Immobilien Anlagen (CA Immo), Echo Investment and Atrium European Real Estate. VGP is listed as an emerging player. Broad incumbents are Immofinanz, Hufvudstaden, Fabege and Castellum.
Does Eastnine have an API?
No public API is recorded for Eastnine.
What industry is Eastnine in?
Eastnine's product category is Commercial Real Estate. Its primary akta.pro industry code is BPAJAGAA, Office Property Management, with a secondary code of FSAEAJAN, Property Management Advisory & Leasing Administration. Its NAICS code is 531120 and its SIC code is 6512.