GRIVALIA purchases two retail assets in Athens

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13.03.2021

GRIVALIA PROPERTIES REIC announces the acquisition of two stand-alone assets with retail use, located in 69B Vouliagmenis Avenue, in Athens, and 59 Andrea Lazaraki street in Glyfada.

Pangaea purchases commercial property in Kolonaki

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13.03.2021

NBG Pangaea REIC, a Greek real estate management company listed on the Athens exchange, on Thursday announced the acquisition of a commercial real estate property in Athens (Kolonaki) for 3.75 million euros.

NBG PANGAEA invests in warehouse sector

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13.03.2021

NBG PANGAEA REIC announces the expansion of its investment activities in the sector of warehouses, a strategic sector relating to Greece’s economic development, taking into consideration its advantageous location.

Two foreign funds acquire stake in Pangaea

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13.03.2021

Two major foreign investment funds entered the share capital of NBG Pangaea Real Estate Investment Company indirectly this week, confirming the interest of foreign investors in the Greece’s real estate market.

Grivalia Hospitality purchases majority stake in Nafsika S.A.

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13.03.2021

Grivalia Properties REIC on Tuesday announced the completion of the acquisition of 80 pct of Nafsika S.A. by Luxembourg-based Grivalia Hospitality S.A. in implementation of a pre-agreement signed in 20.02.2017 and amended in 31.07.2017.

Pangaea purchases invests €5,7M in Athenian commercial property

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13.03.2021

NBG Pangaea REIC announced the purchase of a commercial real estate property building located in central Athens for 5.7 million euros.

Grivalia secures €50B in new financing

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11.03.2021

Grivalia Properties on Thursday announced a partnership with IFC, a member of the World Bank Group, through a 50-million-euro long term loan facility. In a press release, Grivalis said the financing will support company’s investment plans in the commercial real estate combined with its strategic vision in the green building and energy efficiency segment.

Varde Partners acquires 33% stake in Greek Trastor

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11.03.2021

Piraeus Bank, Greece’s largest lender, said on Wednesday it had reached a deal to sell its holding in real estate investment trust Trastor as part of its restructuring plan.

Grivalia properties purchases building in the center of Athens

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11.03.2021

GRIVALIA PROPERTIES REIC announced that on March 9th, 2016 was declared the highest bidder in a public auction for the acquisition of a property located at 68, Vasilissis Sofias Av. in Athens.

Trastor purchases commercial property in Chania

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11.03.2021

Trastor REIC announced the purchase of a commercial property asset in Chania, Crete for 1.3 million euros.

ICI REIC purchases commercial property in Kolonaki

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11.03.2021

Intercontinental International REIC on Tuesday announced the purchase of a commercial real estate property in Kolonaki, central Athens, for 2,450,000 euros.

Pangaea REIC acquires Lazart Hotel

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11.03.2021

NBG Pangaea REIC announces the acquisition of the Lazart Hotel, a 5 star hotel in Thessaloniki, the second largest city in Greece.

Pangaea purchases Zeus Int. leased hotel in Nicosia

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11.03.2021

NBG Pangaea REIC announces the acquisition of the 100% of the shares of Lasmane Properties Ltd, owner of a property in Nicosia, formerly operating under the "Holiday Inn" brand.

BriQ Properties purchases office building in Maroussi

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11.03.2021

BriQ Properties R.E.I.C. acquired on July 27rd, 2018, eleven (11) properties in the office building "EUROCO", at 1, Alamanas Street, in Maroussi business district, at a price consideration of one million four hundred thousand euros (1.400.000 €).

REICs looking for prime assets to make new office spaces

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11.03.2021

The Greek commercial real estate market remains resilient. Intense interest in tenders.