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PRODEA Investments announced that the Group’s revenue for the 3-month period ended March 31, 2020 amounted to €42.1mn vs €33.1million in Q1 2019 (increase of €9.0million or 27.2%).
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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.
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The majority of Trastor REIC shareholders have approved the agenda of the regular general meeting of the firm.
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BriQ Properties REIC announced a 34% increase in rental income to € 1,766,000 compared to € 1,317,000 in the respective period last year. The increase is due to the incorporation of income from new investments in real estate.
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Intrum Hellas, a leading management company in Greece, manages the loans of the Forthnet Group, totaling € 281 million, on behalf of United Group (NewCo United Group Hellas).
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The strategy of BriQ Properties REIC for the next period is focused on higher returns of 8% - 8.5% from the industrial real estate sector (warehouses, logistics).
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PRODEA Investments announced that the Group’s revenue for the 6-month period ended June 30, 2020, amounted to €81.2mn vs €79.5mn in H1 2019 (increase of €1.7mn or 2.2%).
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SARMED continues to expand its storage facilities and increase its capacity.
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The last stage of the long-term lease process of Xenia Chios for 50 years, after the signing of the relevant contract by the CEO of the Public Properties Company S.A. (ETAD), Stefanos D. Vlastos and Mr. Ioannis Saroglou, representative of the bidding company "AVLUM ENTERPRISES COMPANY LIMITED", controlled by the Tsakos Business Group.