The REIC purchased EUROCO office building for €1.400.000.
A year ago the coronavirus pandemic ended up drastically changing the way we work, since teleworking became the new rule.
The property is in a modern Business Complex, located in the center of Athens, at 109-111 Mesogion Ave.
The asset will be leased to a multinational company with strong presence in Greece.
Value Touristiki S.A. has placed a successful bid to purchase the premises of Greek newspaper for a total of €10,89million.
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 total surface area of the property is 1,600.06sq.m.
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.
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ECOΔΟΜΕΙΝ
The Tripoli Courthouse, a two-story structure with a basement, was originally constructed around 1930.
