Prodea finalises spin-off of logistics division

The transaction was carried out following the resolution of the Annual General Meeting of shareholders held on 10 June 2026 and was approved by the General Secretariat for Commerce of the Ministry of Development. The relevant decision was registered with the General Commercial Registry (G.E.MI.) on 2 and 3 July 2026 for Prodea and Thriasios, respectively.

Upon completion of the process, Thriasios becomes the universal successor of the logistics business segment, automatically acquiring all assets, rights, and liabilities associated with this business line, as reflected in the accounting statement as of 31 March 2026 and as subsequently adjusted up to the date of the spin-off.

The transferred portfolio includes all real estate, movable and intangible assets of the segment, as well as the related administrative permits, contracts, and legal relationships, including financing agreements, construction contracts, insurance policies, maintenance agreements, and property management arrangements.

As the sole shareholder of Thriasios, Prodea received all newly issued shares resulting from the contribution of the business segment, amounting to a total of 37,995,456 ordinary registered voting shares with a nominal value of €1 each.

The spin-off is part of Prodea’s strategy to optimise the organisation and management of its real estate portfolio, with the logistics segment now acquiring a distinct corporate identity through its subsidiary Thriasios.