The Contractor, in addition to the monthly rent, will have to engage in renovation works at his own expense of at least €10,300,000.
The transfer of the shares will take place upon completion of the development of the office complex.
The REIC finalised the acquisition of "THETIS KTIMATIKIEMPORIKI S.A.".
A range of notable people have stayed at The Queens Hotel, including actor Cary Grant and Nelson Mandela.
BriQ and Intercontinental International's deal transforms the Greek REIC sector
The projects are expected to be completed in 2024.
The Russian invasion in Ukraine has clearly worsened conditions in the construction industry.
The outstanding balance of signed contracts reaches €2.2 billion.
The pioneering investment is the first of its kind on such a scale in Greece
Magazine
2025 ANNUAL EDITION
2025 ANNUAL EDITIONGreek CRE at a glanceA change of scaleTOURISM: Expansion, Delays, and Strategic Moves HOUSING: International investors in the Greek market OFFICE: Partnering for success RETAIL: …
