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