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Crisis puts Greek REITs public listing plans on hold

08 January 09 - RE+D Magazine
Crisis puts Greek REITs public listing plans on hold

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Dimitris Andritsos

CEO of Eurobank Property Services S.A Eurobank Property Services

The credit crunch and the course of the stock market push the break on the plans by two Greek REITs list and trade in the Athens Stock Exchange. Both the OTE Estate and MIG Real Estate, independently of any particularities, are not too keen of proceeding with an IPO at a discount.

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