Total value of BriQ's 28 properties reaches € 100,4 million
Total value of BriQ's 28 properties reaches € 100,4 million
  REIC  |  Greece

Total value of BriQ's 28 properties reaches € 100,4 million

BriQ Properties R.E.I.C.(the "Company") announces that the total value of its 28 properties(Company and subsidiaries)amounted to € 100,4 million according to Company’s Investment Schedule dated 31.12.2020.
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RE+D magazine
01.03.2021

During the financial year 2020,the Company invested a total amount of € 41,1 million

During the financial year 2020,the Company invested a totalamountof € 41,1 million, as follows:

➢ It acquired 6 new properties amounting to € 10.0 million.

➢ It invested € 3,7 million in development and renovation of its portfolio

➢ It invested € 3,5 million for acquisitionof 100% of the share capital of Plaza Hotel Skiathos S.A..

➢ It invested € 23,9 million for acquisitionof 80% of the share capital of Sarmed WarehousesS.A..

As at 31.12.2020, Company’s total value of investments  in properties and subsidiaries amounted to € 102 million,  recording  a  significant  increase of  70%  compared  to the  total  value  of € 60 million of 22 properties owned at 31.12.2019.