Oxford Properties, the real estate arm of Canadian pension fund OMERS, is in talks to buy pan-European investor and asset manager M7 Real Estate in a deal that could be worth close to €5.2 billion.

The purchase price amounted to € 2,025,186.

During the General Meeting of the listed company the shareholders proceeded to vote against the first two items of the agenda, which concerned the reduction and increase of the share capital of ELLAKTOR, while the proposal of the Dutch for the appointment of a new management "passed" with a percentage of 61.27%.

The property is fully let to Seagull Diametaforiki Emporiki SA.

The acquisitions of the two properties were financed through funds raised by the Share Capital Increase completed in August 2019

The Company will accept sealed bids/offers in two stages.

The property is expanded in four floors and comprises 1463,93sqm of spaces.

The property is expanded in four floors and comprises 1463,93sqm of spaces.

The building consists of horizontal properties of total surface 2.547,46sq.m.and is 100% leased.

The agreed purchase price for the acquisition of the property amounts to €6,350,000.