The building has a total surface of 1,629.30 sq.m. and it comprises of a basement, ground floor and six above-ground floors.

The Company will be a joint venture with the share participation of Grivalia in order to refurbish the existing building and upgrade it.

Grivalia has already agreed to acquire the remaining 51% of PPP3 following the completion of the asset’s redevelopment.

BriQ Properties acquired the property at a total price of € 625,000.

National Pangaea REIC on Wednesday announced the completion of a transaction to acquire 100% stake in I&B Real Estate.

Trastor REIC on Wednesday announced the acquisition of a commercial property in downtown Athens for 6.0 million euros.

The valuation by Company’s chartered surveyors is 850.000€.

Mr. Georgios Chryssikos shall hold 70% of the shares of the Related Party and shall be an executive member of the board of directors of the Related Party.

CTDC is the owner of Hilton Cyprus hotel, the only 5 star hotel in Nicosia, Cyprus, with a capacity of approximately 300 rooms.

Trastor REIC acquires majority stakes in 4 real estate investment firms.