Lamda sells two land plots in Spata
Lamda sells two land plots in Spata

Lamda sells two land plots in Spata

LAMDA DEVELOPMENT S.A. announced that its wholly-owned subsidiary LAMDA Estate Development S.M.S.A. proceeded on 17.05.2021 to the signing of an agreement for the sale of two land plots in Spata, Attica region, of an aggregate area approx. 85,000 sqm, for a total price consideration of €14m.
RE+D magazine
19.05.2021

The land plots have an aggregate area of approx. 85,000 sqm

 The land plots have an aggregate area of approx. 85,000 sqm

The transaction consideration stands at approximately 7% premium compared to the fair value of the land plots as of 31.12.2020.

The aforesaid transaction forms part of the Company’s existing strategy aimed at focusing on its activities in relation to the landmark Hellinikon project as well as its Shopping Malls.

Οδυσσέας Αθανασίου
Οδυσσέας Αθανασίου Διευθύνων Σύμβουλος
Lamda Development
Lamda Development www.lamdadev.com/el/