Greece
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.
Trastor REIC on Wednesday announced the acquisition of a commercial property in downtown Athens for 6.0 million euros.
The property is fully let to Plaisio Computers, a Greek electronic equipment retail chain, for 12 more months onward.