TRASTOR REIC announced the acquisition of a distinctive office portfolio from PRODEA Investments, consisting of three standalone, high-visibility office buildings, fully rented under long-term lease agreements.
Specifically, the Company acquired:
a) An office building with a total area of 19,744 sq.m., located at 18-20 Amarousiou-Chalandriou street in Maroussi, which holds a BREEAM sustainability certification and is leased to the multinational software development company Viva Wallet. The total purchase price for the property amounted to €33.35 million.
b) An office building with a total area of 7,115 sq.m., located at 72 Ethnikis Antistaseos street in Chalandri, leased to the European Union Agency for Cybersecurity (ENISA). The total purchase price for the property amounted to €20.37 million.
c) An office building with a total area of 17,585 sq.m., located at 11 Fragkoudi and Al. Pantou streets in Kallithea, leased to the Greek Public Sector and housing the General Secretariat for Communication and Information. The total purchase price for the property amounted to €15.47 million.
The total consideration for the purchase of the office portfolio amounted to €69.19 million. This was partially financed by funds raised from the capital increase completed by the Company in January 2024, as well as by bank debt.
