Deals  |  Investments  |  Retail  |  Athens-Pireaus-Attica

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.

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.