The property used to house Chytiroglou retail store for decades.

The consideration for 100% of the shares of the two companies amounts to €85million.

It is the building that will house the four associations for people with special needs (Amymoni, Hermes, Niki, and the Association of People with Multiple Sclerosis - SAMSKP).

In particular Greece’s GDP is projected to increase by 6.7% in 2021 and just under 5% in 2022, before growth moderates in 2023.

The three main pillars of the plan

Dimitris Zontanos has been working for LAMDA Development since 2007

It is thus reduced: the realized coverage, from 1,378.03sqm to 389.40sqm, the realized construction from 4,800sqm to 389,40sqm and the realized construction volume

With a total surface of approximately 3,300 sqm and building coefficient 3, the property allows the development of buildings with a maximum surface that can approach 10,000 sqm

The timetable of the issuance of the Bond Loan and the Public Offering of the Bonds will be determined in the near future.