Hellenic Hypermarkets Sklavenitis represents over 10% of the rental income generated by the Real Estate Investment Company (REIC).

NLTG HH Greece will fully subscribe to the capital increase, thereby acquiring an equity interest of approximately 9.5% in the listed company.

The completion of the significant €180 million project is expected by 2027.

The total consideration for the purchase of the office portfolio amounted to €69.19 million.

BriQ's existing shareholders will hold 79.7% and ICI shareholders 20.3% of the share capital, while the Company will maintain its 41.3% free float.

Mr. Μichail Panagis of Neoklis was elected, as Vice- Chairman of the Board of Director and Managing Director of the Company

Ηealthy fundamentals, current low valuation multiples and a more favorable capital markets and macroeconomic outlook present a compelling case for investing in REITs right now