The project was implemented within the framework of the multi-year corporate responsibility program "Responsibility Structures" of Prodea Investments
The lessee of the property and the contractor of the business will be the newly established company IOLI PIGI.
The new flood protection project has a budget of 15 million euros and is financed by the Region of Attica.
SYPOTHA partially accepted the Company's appeal regarding the fines
Athens is becoming a prominent office market because there is a more significant profit margin while offering higher returns for investors than other European office markets.
The property was acquired by Ten Brinke Hellas in December 2022, with a total price of €6.5 million.
On 09/02/2023 “Piraeus Bank S.A.” acquired on exchange 74,427,556 shares issued by the Company.
The cost of the expropriation was set at €31 million, an amount that burdens the budget of the Ministry of Finance.
Provision were taken due to extreme weather conditions.
ECOΔΟΜΕΙΝ
