Trade Estates steps foot in the Greek market
Trade Estates steps foot in the Greek market
  REIC

Trade Estates steps foot in the Greek market

According to the Financial Director of Fourlis Group, Mr.George Alevizos, by the end of the first half of the year, Trade Estates will begin its operation. Mr.Alevizos unveiled the time frame during a teleconference held on the occasion of the publication of the results of the first quarter of 2021.
RE+D magazine
20.05.2021

The group's CEO, Mr. Apostolos Petalas noted that in the long run it is planned to double the value of the company's assets.

He also noted that although the company has yet not been formed, everyone is moving forward to maximize the benefits for its shareholders.

Regarding the possibility of cooperation or the entry of an investor, Mr. Alevizos said that it is still early as the conditions have not yet matured.

The group's CEO, Mr. Apostolos Petalas noted that in the long run it is planned to double the value of the company's assets, which it is planned to exceed €360 million.

As for the listing on the Athens Stock Exchange, he stressed that the goal is to be done much earlier than June 2023, when the deadline expires, because as the pandemic weakens "the appetite and the opportunities that will emerge will lead us to accelerate its integration".