The company of the Fourlis group, according to a recent presentation, states that it will develop the portfolio consisting of the properties of the group’s subsidiaries with retail assets from the market but also warehouses, to serve the growing e-commerce trend.
Among other things, the Fourlis group aims to maximize the total returns of its assets, the consolidation of privately owned properties and the management and rationalization of tax planning.
It is noted, finally, that the REIC, which has received the relevant license from the Hellenic Capital Market Commission since 2019, is in the final stage of its establishment, by entering the stock market in the long run, when the conditions are deemed suitable for such a move. The current gross value of the REIC is € 184.7 million.
Its real estate portfolio includes the four properties that house IKEA stores (in Athens, Thessaloniki, Bulgaria and Cyprus), the group’s supply chain center in Schimatari, the group’s old wholesale warehouse in Oinofyta with an area of 25,000 sq.m., and the property in the area of Renti (on Piraeus Street), which is currently rented by, among others, the chains “Kotsovolos”, Lidl, Jysk and “Diafano”.
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