Lamda Development acquires McArthurGlen Designer Outlet Athens
Lamda Development acquires McArthurGlen Designer Outlet Athens

Lamda Development acquires McArthurGlen Designer Outlet Athens

The Gross Asset Value of McArthurGlen Designer Outlet Athens amounts to c.€109m, as per the independent valuation by CBRE Axies as of 31.12.2021.
RE+D magazine
05.08.2022

LAMDA DEVELOPMENT S.A., in accordance with Regulation 596/2014/EU and the Athens Exchange Regulation, each as applicable, announced that its 100% subsidiary, LOV S.M.S.A., acquired on 05.08.2022, 100% of the company McArthurGlen Hellas Single Member LLC, owner of the McArthurGlen Designer Outlet Athens in Spata, in the Attica prefecture, from the company MGE Hellenic Investments S.àr.l.