METLEN has signed a preliminary agreement for the acquisition of a 19-acre property within the Volos A’ Industrial Zone, with industrial facilities covering 5.000sqm.

The annual EBITDA of the projects is estimated at €3.2 million.

The unexecuted backlog of projects for the listed company stands at €116.60 million.

The developer has signed the lease agreement for the property, which previously housed services of the OAED (Greek Manpower Employment Organization).

A strong comeback for offices last year, according to Savills.

JPMorgan failed to conduct due diligence on the commercial real estate loan, then quickly offloaded the risk, “taking home millions of dollars of fees in the process,” Wells asserted.

Due to the small market shares of the participating companies, there are no affected markets, and no impacts are expected, according to the decision of the Competition Committee.