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2020 has been a challenging year for the real estate industry, both in Greece and worldwide.
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In the context of their strategic collaboration in the hospitality sector, Invel Real Estate, PRODEA Investments and the Cypriot based “YODA Group” of Mr. Ioannis Papalekas announce the conclusion of the acquisition of 45% of PRODEA’s interest in Mediterranean Hospitality Venture Limited (MHV) by a subsidiary of YODA Group.
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Noval Property is the second largest REIC in Greece with a portfolio of 42 properties, most of which are located in Greece.
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The group's CEO, Mr. Apostolos Petalas noted that in the long run it is planned to double the value of the company's assets.
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The Hellenic Republic Asset Development Fund S.A. received, two binding offers for the acquisition of 100% of the share capital of DEPA Infrastructure S.A., a joint sale with Hellenic Petroleum S.A. (HELPE).
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80% of the Inventor group was bought by Beijer Ref in an agreement that allows it to acquire the remaining share.
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The technical data sheets have been approved and the first 12 projects of the "Greece 2.0" Plan with a total budget of 1.42 billion euros are starting.
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BriQ Properties increased its portfolio to 29 properties
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The Company's Board of Directors meeting will be conducted in June 6.
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The price of the transaction amounted to 2,325,574.33 euros.
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Through an agreement with Lamda Development.
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The regulation of the Ministry of Finance will continues through June.
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According to the agreement recently signed by short-term leasing platforms with the Independent Public Revenue Authority