The international real estate firm said it has entered into a joint venture with NBG.

The size of the store will be 8.000 sq.m. and it will open in the second semester of 2020.

The transaction will be finalised upon fulfillment of relevant governmental approvals.

PiraeusTower is the second tallest building in the wider region of Attica.

Grivalia Hospitality said it will acquire all companies related with the specific project, currently owned by DCI and its subsidiaries.

The building, covering 456 sq.m. is located in Patision and Skalistiri streets.

Grivalia Hospitality is further evaluating other investments in tourism sector as part of its vision of creating long-term value.

The total built area of the portfolio is 48,477sqm; seven units are located in Athens, two in Thessaloniki, one in each of Rethymno, Veria, Xanthi, Rhodes & Trikala, and one in Agrinio.

GRIVALIA PROPERTIES REIC announces that it has officially completed the acquisition of a 50% undivided interest over a commercial asset, located in 340, Syngrou Avenue in Kallithea, for which it was declared preferred bidder in an e-auction.

Total area is c. 12,400sqm, 5,130sqm of which concern the asset in Athens and 7,270sqm concern the asset in Glyfada.