The Transaction must be completed by March 29, 2019 (Long Stop Date) or at a later date if agreed in writing between the parties.
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.
National Pangaea REIC on Wednesday announced the completion of a transaction to acquire 100% stake in I&B Real Estate.
The building is located at the junction of 115-117 Vouliagmenis Avenue & Ilia Iliou Street, in Athens.
AXA IM Alts recently completed the reconstruction of the "Freedom" Class A office building in Paris.
An "office on wheels", a revolutionary concept, was created by Jack Carter, former executive of 83-year-old Renzo Piano architectural office.