28 Jan 2021

Acquisition of two commercial retail properties in Glyfadafor €7.5M

  • RE+D Magazine

 

Specifically,  the  Company acquired  a  retail unitwith a  totalsurfacearea of  550sq.m.  The  property consists of basement, ground floor and mezzanine,and is fully let. The acquisition price is €5,630,00.Additionally, the Company acquired a retail unit with a total surface area of 207 sq.m. The property consists ofbasementand ground floorand is fully let.The acquisition price is €1,905,000.

The  acquisitionsof  the  two  properties  were  financed  through funds  raised  by  the  Share Capital Increase completed in August 2019.

Tassos  Kazinos,  CEO  of  the  Company,  made  the  following  statement:“Today  we  concluded  a €7,535,000 transaction by acquiring two properties situated at the most commercialretail high-street ofGlyfada. With clear vision and obj




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