The vendor is Argo Real Estate with the sites acquired on a combined net initial yield of 4.6%.

Increased ordinary budget revenue that reached €37,524 million

The property has a total leasable area of 21,000sqm and is not comprised in the firm’s list of properties that are to be liquidated.

The works refer to the renovation of St. Nikolaou avenue.

It is said that since July 1 this year, Hui has raised more than 7 billion yuan ($1.1 billion) in cash through selling off his personal assets and equities.

The villa will be up in auction on January, 18 with an opening bid of €471 million.

The transaction covers the ownership and operation of 899 MW of operating assets.

The property has a rental area of around 23,700sqm and 325 parking spaces

The bank branch will be housed in a privately owned bank property at 22 Dimokratias Avenue and Fotaki Street.