The acquisition price offered by the Company is €1,070,000.

The building has a total surface of 1,629.30 sq.m. and it comprises of a basement, ground floor and six above-ground floors.

The Company will be a joint venture with the share participation of Grivalia in order to refurbish the existing building and upgrade it.

Grivalia has already agreed to acquire the remaining 51% of PPP3 following the completion of the asset’s redevelopment.

BriQ Properties acquired the property at a total price of € 625,000.

Trastor REIC on Wednesday announced the acquisition of a commercial property in downtown Athens for 6.0 million euros.

The valuation by Company’s chartered surveyors is 850.000€.

Trastor REIC acquires majority stakes in 4 real estate investment firms.

The property was purchased during May 2018.

The building is located at the junction of 115-117 Vouliagmenis Avenue & Ilia Iliou Street, in Athens.