Value Touristiki S.A. has placed a successful bid to purchase the premises of Greek newspaper for a total of €10,89million.

The Transaction must be completed by March 29, 2019 (Long Stop Date) or at a later date if agreed in writing between the parties.

The total surface area of the property is 1,600.06sq.m.

The Company will be a joint venture with the share participation of Grivalia in order to refurbish the existing building and upgrade it.

Grivalia has already agreed to acquire the remaining 51% of PPP3 following the completion of the asset’s redevelopment.

National Pangaea REIC on Wednesday announced the completion of a transaction to acquire 100% stake in I&B Real Estate.

Trastor REIC acquires majority stakes in 4 real estate investment firms.

The building is located at the junction of 115-117 Vouliagmenis Avenue & Ilia Iliou Street, in Athens.

AXA IM Alts recently completed the reconstruction of the "Freedom" Class A office building in Paris.

An "office on wheels", a revolutionary concept, was created by Jack Carter, former executive of 83-year-old Renzo Piano architectural office.