ANNOUNCEMENT OF BUSINESS DEVELOPMENT

ANNOUNCEMENT OF BUSINESS DEVELOPMENT

Intercontinental International REIC S.A announces the acquisition of a stand-alone building, of distinct architecture design, in Kolonaki area of Athens. It benefits from a façade on 3, Haritos as well as on 6 Spefsipou Str., hence it enjoys high visibility and bright spaces. The building is luxuriously refurbished and consists of 5 storeys with a total surface of 838 sq m. The Property is currently fully leased to five different tenants (retail stores and office spaces). The purchase price amounted to €2,450,000.00 whilst the property’s objective/tax value is €3,159,618.53. The investment was fully funded by the Company’s Equity.

2018-04-11T10:22:59+00:00 April 4, 2018|