Pireaus REIT (REI) is renamed to Trastor, a decision announced today at the company’s general assembly. While answering questions, company executives didn’t exclude the possibility of a drop in the company share controlled by Piraeus Bank. Even though it hasn’t been officially announced, Piraeus Bank is willing to decrease its share in the REIT.
While answering questions, Trastor president Mr. Pantalakis stated that the company doesn’t expect any drop in lease revenues, and when asked about the possibility of cooperation with the National Bank of Greece, Mr. Pantalakis noted that “When NBG comes to us with an offer, we will be happy to listen”.
Speaking about the company’s future activities, Mr. Theodoridis, managing director at PASAL Development, major shareholder and acting vice president of Piraeus REIT, highlighted that the company will proceed with a raise in capital and further growth plans as soon as market conditions allow such a move.
