The net consideration to be paid to DCI by the purchasers according to their proportion amounts to €5.8million.

The property is in a modern Business Complex, located in the center of Athens, at 109-111 Mesogion Ave.

The asset will be leased to a multinational company with strong presence in Greece.

New strategic partnership of BriQ Properties with HotelBrain

The acquisition price is € 2.5M.

Eurobank Properties on Tuesday announced the formal completion of a sale and lease back deal for 14 real estate properties belonging to the Hellenic Republic Asset Development Fund.

Canadian investment firm Fairfax Financial Holdings will raise its stake in Greek real estate firm

The National Bank of Greece administration gave the green light for the investment property section of the financial institution to be separated from its other activities, creating a new REIT called NBG Paggaia REIC. The new company's IPO is expected in 2010 while its property portfolio is estimated at €1 bn, which leveraged will reach €1.5 bn.

Pireaus REIT is renamed to Trastor, a decision announced today at the company’s general meeting.

Mr. Kyriakos Evangelou will manage ORILINA as the CEO.