The renowned "Asteria" Hotel, which used to operate within the property, is planned to be fully upgraded into an ultra-luxury urban resort run by an internationally acclaimed hotel operator.

In an announcement, Pangaea said it will invest €1.3 million to fully restore the building, raising its investment to €7million.

The REIT declared a partnership with a World Bank’s member, IFC.

The offered bid was more than €11.000.000.

The real estate property has a total surface of 700 sq.m.

The five-storey building covers a space of 838 sq.m. and it is fully leased to five different companies.

Lazart Hotel has 74 spacious rooms and offers luxurious accommodation in a privileged spot of Thessaloniki.

The REIC purchased EUROCO office building for €1.400.000.

A year ago the coronavirus pandemic ended up drastically changing the way we work, since teleworking became the new rule.

BriQ Properties R.E.I.C.(the "Company") announces that the total value of its 28 properties(Company and subsidiaries)amounted to € 100,4 million according to Company’s Investment Schedule dated 31.12.2020.