The vendor is Argo Real Estate with the sites acquired on a combined net initial yield of 4.6%.
The transaction is expected to increase value for both hotel and affiliate partners.
The financing is structured in such a way that allows money to be drawn for each project at its respective Commercial Operation Date
New wind farms with a total capacity of 90 MW to be developed in Poland
The property has a total leasable area of 21,000sqm and is not comprised in the firm’s list of properties that are to be liquidated.
MHV is a joint investment formed by Invel Real Estate, PRODEA Investments and YODA GROUP.
The bank branch will be housed in a privately owned bank property at 22 Dimokratias Avenue and Fotaki Street.
HRADF holds 100% of the shares of the 10 Port Authorities S.A., as well as the subconcession rights for port operations and facilities within the remit of the 10 Port Authorities S.A.
The project is estimated to last 12 months and is expected to be delivered in November 2022.
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