The fair value of the Group’s investment properties (incl. inventories) amounted on December 31, 2023, to €167.5mn vs €97.0mn as of December 31, 2022
Blackstone' shares surged 83% last year, including reinvested dividends, beating its biggest peers as well as the S&P 500, which returned about 25%.
The company has recently completed and handed over to the lessee a storage and distribution building with a total area of 9,814 square meters on P.E.O.A.T. in Mandra.
Noval Property continued the active management of its income producing assets, as well the development of other assets of its portfolio, mainly in the office, logistics and residential sectors.
The most recent increase in Americans with REITs is predominantly fueled by the increase in equity investment since the pandemic, along with an increased share in target date funds.
Banks heavily invested in real estate are navigating a tightrope between rising rents and disappointing returns.
The property boasting a large dry cargo storage capacity is an exceptional, innovative and environmentally sustainable Logistics Centre.