The successful bidder in the tender process for the historic property by Folli-Follie offered more than € 25 million.

The development was attributed mainly to BRIQ's portfolio diversification that has been recently modestly overwighted logistics.

The REIC reported a significant expansion of its real estate portfolio with the addition of nine properties in total.

The vendor is Argo Real Estate with the sites acquired on a combined net initial yield of 4.6%.

The property has a total leasable area of 21,000sqm and is not comprised in the firm’s list of properties that are to be liquidated.

MHV is a joint investment formed by Invel Real Estate, PRODEA Investments and YODA GROUP.

73,291 new shares were granted for free to Mr. Tassos Kazinos, Trastor's CEO

A contemporary logistics center with a total estimated area of 22,000 sqm shall be developed on this land plot

A great part of the projects is expected to be auctioned in November, with the aim of awarding the contracts in the first quarter of 2022.

The 73,291 new shares issued represent approximately 0.05% of the shares that are listed for trading on the Athens Exchange.