The company's plan to expand in 50 cities worldwide by 2025.

The transaction completes the procedure for the redemption two years earlier.

AVAX SA was declared as project's contractor.

The completion of the transaction is subject to certain conditions precedent to be fulfilled, inter alia, its approval by the Hellenic Competition Authority.

Adjusted a-EBITDA rose by 76.9%, reaching €230.7million versus €130.4million for the respective priorperiod.

EBITDA in 9M’22, 67% increased vs 9M’21

The project that will integrate Milos and Serifos into the continental Electricity Transmission System is part of the fourth and final phase of the Cyclades’ interconnection.

Reservations for the future purchase of the 169 apartments on the residential tower correspond to c.95% of the net saleable area.

The new office expands PATRIZIA’s network of locations in APAC to seven.

This is Pavăl Holding's fourth major real estate deal