21 August 2018

GRIVALIA purchases two retail assets in Athens

01 December 17 - RE+D Magazine
GRIVALIA purchases two retail assets in Athens



GRIVALIA PROPERTIES REIC announces the acquisition of two stand-alone assets with retail use, located in 69B Vouliagmenis Avenue, in Athens, and 59 Andrea Lazaraki street in Glyfada.


In detail, the Company acquired two retail assets with modern specifications and excellent promotion.

Total area is c. 12,400sqm, 5,130sqm of which concern the asset in Athens and 7,270sqm concern the asset in Glyfada.

The assets are fully leased, mainly to a major Greek supermarket chain.

The total acquisition price for the two assets is €22.57million.


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