Together with a 156 sq.m. retail unit in the city center (Tzortz, Exarchia), these are among the smaller assets in the REIC’s portfolio, which comprises 61 properties, primarily shopping centers, warehouses, and hotels.
Renovation works are currently underway at three properties, including the former Hellenic Petroleum (ELPE) site at 199 Kifisias Avenue and the office complex ‘The Grid’ at the former Kodak property in Marousi. The latter project is being developed jointly with Brooklane through a 50%-50% joint venture.
The transaction was completed at a value of €110,500