The total consideration of the Transaction corresponds to c.26% of gross book value.

The transaction's completion is estimated to take place within the first quarter of 2023.

The contract has an initial budget of €950,000.

The threat of obsolescence over the next five years concerns nearly half of Emerging Trends in Real Estate, Europe 2023 survey respondents, even if other issues, notably construction costs, are front-of-mind in the shorter term.

The project has a budget of 900,000 euros, it was designed by the Regional Unit of Drama.

According to the Bank of Greece Interim Report on Monetary Policy 2022

Giorgos Margonis will take over as managing director of Papastratos.