With this transaction CTP has crossed the threshold of two million square meters of logistics spaces in Romania.

The company has a plot of 18,730 sqm. in Neos Faliro with a permit for the construction of a building complex of 57,450 sqm.

The property was acquired in September 2018 for €965.000.

Grupo Roxa will retain a minority interest in the hotel.

The property comprises 58 fully furnished apartments with total surface area of 3,600 sqm.

BioMed is a leading provider of real estate solutions to the life science and technology industries.

The proceeding entity was Poseidon Financial Investor DAC (Fortress Investment Group) .

The sale price of this portfolio reflects the current dynamics of the Greek real estate market for properties with significant investment characteristics .

The property is fully leased to a well-known retail chain.

The REIC offered the amount of €17,100,000 and was announced the preferred bidder.