
the Group amounted to € 1.093thousand compared to € 963thousand for the respective last year period, recording an increase of 13,4%.

Prodea Real Estate Investment Company Societe Anonyme decided to propose to the Annual General Meeting of the Company's Shareholders the distribution of dividend € 0.352 per share (net) for the fiscal year 2020.

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,

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

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