Intercontinental International REIC announces that in the process of a public bidding organized by Piraeus Real Estate SA. as Piraeus Bank SA Real Estate Management Consultant,

BriQ Properties R.E.I.C.,further to the announcement made on 13.11.2019 for the signing of a preliminary contract, announces the completion of the acquisition of a stand-alone mixed-use building in Athens central commercial district at a price of € 6.500.000.

On 19.12.2019 Trastor REIC (the«Company»), entered into a binding notarial pre agreement for the acquisition of a prime 6-storey office building.

According to Bloomberg, the Japanese company will sell part of its activities to the investment fund for $ 1.45 billion to $ 1.9 billion.