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Eastnine

Eastnine

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Eastnine AB (publ): Eastnine achieved top score from GRESB

11:00 / 15 October 2021 Eastnine Press release

Eastnine improved its performance in GRESB Real Estate Assessment and achieved the top score 5 stars for the second year in a row.

Each year, GRESB assesses and benchmarks the ESG performance of real estate assets worldwide. This year the GRESB benchmark grew to cover more than USD 6.4 trillion of assets under management.

In this year's review, Eastnine achieved 92 points, improving its score by five points from a year before. This scoring firmly places Eastnine in the top 20 per cent of the GRESB global real estate benchmark corresponding to a 5-star rating by GRESB.  Among European listed real estate companies Eastnine ranked number 11 out of 90 participants.

"We are very pleased to see our score among the top 20 per cent of the GRESB benchmark which duly reflects our team's real-life efforts invested into improving management practices and performance of our buildings ", says Kestutis Sasnauskas, CEO of Eastnine AB. "At the same time, we are fully aware of the rising complexity and severity of the climate crisis we jointly need to solve, which commands a continuously  rising level of ambition from our side as we move forward. We still feel that we are only in the beginning of the journey towards sustainable real estate."

GRESB is a mission-driven and industry-led organisation providing standardized and validated Environmental, Social and Governance (ESG) data to financial markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world, used by 140 institutional and financial investors to inform decision-makers. For more information, visit  (http://gresb.com)GRESB.com.

Eastnine AB (publ)

For more information contact:

Kestutis Sasnauskas, CEO, +46 8 505 97 700
Britt-Marie Nyman, CFO and Deputy CEO, +46 70 224 29 35
Lilia Kouzmina, Head of Sustainability, +46 70 601 72 55

Visit www.eastnine.com

Eastnine AB is a Swedish real estate company with a property value of EUR 415m and a long-term net asset value of EUR 330m as of 30 June 2021. Eastnine's vision is to create and provide prime venues where ideas can flow, people can meet, and successful business can be developed. Eastnine's mission is to be the leading long-term provider of modern and sustainable office and logistics premises in prime locations in the Baltics. Eastnine's share is listed on Nasdaq Stockholm Mid Cap, sector Real Estate.

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