Greece
The acquisition price amounted to €28.6 million and was funded by a combination of bank debt to “THE GRID SA” from Piraeus Bank and equity.
Belterra purchased on 6.12.2021 the number of 299.855 shares of the Company, with acquisition price € 26 per share.
In total, during the 11 months of the year (January-November 2021) the net sales of the parent company - excluding intragroup sales - were increased by approximately +14% y-o-y.
The Ellinikon Commercial Hub has been designed by the internationally acclaimed architectural firm Aedas, based in Hong Kong, which has led significant projects around the world.