As he said during the General Assembly of shareholders, "various markets are being considered for investments such as Latin America".
Intracom Properties, which has real estate worth €63 million, will merge based on a plan with Kloukinas – I. Lappas, which has real estate worth €113 million. The deal is expected to be completed in the first quarter of next year.
The portfolio of Intracom Properties includes, among others, the complex of 7 buildings in Paiana, which is also the headquarters of the group, office buildings in Hellenorossios and in Maroussi, and an industrial property in Xanthi. The real estate portfolio of Klukinas - I. Lappa includes plots of land in Chalandri and Spata, two shops on Ermou Street, a 3-storey office building in Pasteur, and warehouses in Tavros and Oinofyta.
According to the group's management, the goal is to create a portfolio of €200 million within the next three years, which will generate revenues of approximately €8 million per year.
