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  REIC  |  Office
Prodea: Office industry proved "resilient" to COVID-19

Net returns were reported between 5.25% to 6.50% and gross returns between 5.75% to 7%.

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BriQ enhanced presence in Aspropyrgos area in 2020

The total reduction on Group's revenues of 2020 from rents due to the Covid-19 pandemic amounted to € 954.000.

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ICI REIC acquires Glaxo's offices in Kifissias Avenue

The total proceeds of the transaction exceed €12M.

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  News REIC
NOVAL unveils investment plan for 2021

Prime offices with LEED and WELL design certification, the redevelopment of former industrial properties into logistics centers and data centers; hotel complexes with residences and mixed urban regeneration projects mainly in Athens, are NOVAL Property's core investment interests.

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  News REIC  |  Hotels  |  Europe
Prodea, Invel & Υoda Group jointly acquire Parklane Resort in Cyprus

Parklane, a Luxury Collection Resort & Spa Limassol is the only luxury internationally branded resort in Cyprus.

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Trastor offloads Kifissias based property

Trastor REIC announced that on 19.04.2021 signed a binding notarial preliminary agreement for the sale of a multi-storey professional complex with a total area of 4,003.58 sq.m. located at 278 Kifissias Ave in Chalandri, Attica for a total consideration of €5,050,000.

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Brand new properties in Noval's portfolio

The pro forma valuation value of its portfolio on 31.12.2020 was €364.6 million.

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  News REIC
Trade Estates steps foot in the Greek market

According to the Financial Director of Fourlis Group, Mr.George Alevizos, by the end of the first half of the year, Trade Estates will begin its operation. Mr.Alevizos unveiled the time frame during a teleconference held on the occasion of the publication of the results of the first quarter of 2021.

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  News REIC  |  Economy  |  Greece
BriQ Properties increased its portfolio to 29 properties

the Group amounted to € 1.093thousand compared to € 963thousand for the respective last year period, recording an increase of 13,4%.

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  News REIC  |  Economy  |  Greece
Dividend of € 0.352 / share is proposed by the BoD of Prodea

Prodea Real Estate Investment Company Societe Anonyme decided to propose to the Annual General Meeting of the Company's Shareholders the distribution of dividend € 0.352 per share (net) for the fiscal year 2020.