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Trastor REIC further to the notification received on 08/07/2020 by the legal entities Värde Partners, Inc. on its own account and on behalf of each of Värde Partners L.P. andWRED LLC, informed the investment community that:
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Intercontinental International REIC hereby informs the investors that it proceeded with the sale of a property (residence), with total surface 265 sqm located at 79, Vasilissis Sophias Avenue, Athens.
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The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF) convened and pre-qualified the interested parties
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The project is co-funded by the EU and it aims at a "green approach" to human capital and the economy.
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The total cost will reach € 56 million.
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The planned €2bn investment programme aiming 100 "energy-positive "Elithis" residential towers across Europe.