Investments
Share Copy Link
Trastor acquires logistics in Aspropyrgos

TRASTOR added 5,262 sq.m. of storage space to its portfolio

Share Copy Link
Prodea acquires the "ILIDA BUSINESS CENTER" office building

Prodea Investments proceeded with the purchase of all the shares of Lamda Ilida Office S.M.S.A., a 100% subsidiary of Lamda Development and owner of the office building "Ilida Business Center" in Maroussi.

Share Copy Link
  News REIC  |  Tourism  |  Hotels  |  Europe
Prodea's moves in Cyprus and Italy

Prodea in 2020 announced the strategic collaboration with Invel Real Estate and YODA Group of Mr. Ioannis Papalekas, in the hospitality sector. MHV will be the investment arm of the Group in the hospitality and tourism sector in Greece, Cyprus and the wider Mediterranean region, and already, as Prodea recently announced,

Share Copy Link
Lamda declares bond issue for Hellinikon yielding 3,4% to 3,8%

Lamda Development is issuing a seven-year corporate bond on Wednesday to help finance its mega-project at Elliniko, with the interest expected to range between 3.4% and 3.8%.

Share Copy Link
Prime asset in the center of Heraklion, Crete, up for sale

The Hellenic Public Property Company (HPPC) SA, announces a Call for Expressions of Interest for the submission of development proposals for a property owned by it in the area of Liontaria, in the center of the city of Heraklion.

Share Copy Link
Lamda sells two land plots in Spata

LAMDA DEVELOPMENT S.A. announced that its wholly-owned subsidiary LAMDA Estate Development S.M.S.A. proceeded on 17.05.2021 to the signing of an agreement for the sale of two land plots in Spata, Attica region, of an aggregate area approx. 85,000 sqm, for a total price consideration of €14m.

Share Copy Link
  News Listed  |  Retail  |  Greece
Fairfax Financial Holdings buys Praktiker Hellas

Praktiker Hellas on Wednesday announced it was acquired by Fairfax Financial Holdings Limited for an undisclosed sum. Praktiker Hellas, with an annual turnover of 195 million euros, is the largest company of Praktiker Group abroad.

Share Copy Link
  News Deals  |  REIC
PRODEA Investments inks deal to sell 4 properties to Dromeus Capital Group

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

Share Copy Link
  News Deals  |  REIC
BriQ Properties acquires retail property in Crete

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

Share Copy Link
  News REIC
PRODEA reports €298.9M profits in 2019

The Group’s revenue in the year ended 31.12.2019 amounted to €175.1million vs €121.4million in 2018.