10 Mar 2021

Grivalia acquires Praktiker’s premises in Heraclio,Crete

  • RE+D Magazine

to acquire and lease back a real estate property asset from Praktiker Hellas.

The real estate property is located in Nea Alikarnassos, Heraclio Crete.

The value of the transaction was 8,5 million euros and the guaranteed initial leasing return was set at 9,5 pct.

The transaction was made using capital raised from a share capital increase plan which was completed in 2014.




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