The National Bank of Greece administration gave the green light for the investment property section of the financial institution to be separated from its other activities, creating a new REIT called NBG Paggaia REIC. The new company's IPO is expected in 2010 while its property portfolio is estimated at €1 bn, which leveraged will reach €1.5 bn.
NBG launches €1 bn REIC
NBG launches €1 bn REIC
The National Bank of Greece administration gave the green light for the investment property section of the financial institution to be separated from its other activities, creating a new REIT called NBG Paggaia REIC. The new company's IPO is expected in 2010 while its property portfolio is estimated at €1 bn, which leveraged will reach €1.5 bn.
Share
Copy Link
14.01.2009
The National Bank of Greece administration gave the green light for the investment property section of
CHOICES
UNIQUE DEVELOPMENT LAND NEXT TO MED COSMOS THESSALONIKI
