The price for the acquisition amounted to €27,050,000.
The Chief Executive Officer of the Company, Mr. Tassos Kazinos, made the following statement: "We are particularly happy having completed another investment in the business center of Maroussi, acquiring an emblematic office building of impeccable architecture and aesthetic that is a landmark of the northern business axis.
With this addition, the Company continues to be one of the largest institutional office landlords in Maroussi with properties of privileged specifications, having an exposure of 65,000 sq.m. in the area.
As the office market entersits new economic cycle with rental growth being the main driver of returns,
the Company with its new strong shareholder base, will continue its successful value-add investment
strategy delivering above-market returns to all its shareholders."
