ANNOUNCEMENT OF BUSINESS DEVELOPMENT

ANNOUNCEMENT OF BUSINESS DEVELOPMENT

Intercontinental International REIC, is informing the investors that for the disposal of a two horizontal ownerships (apartments) with a total area of 223.80 sq m, located on the4th and 5th floor of a multi-storey building on 4 Pindarou Street (Municipality of Athens) at a price of 575.000,00 euros. The CEO of the Company, Marios Apostolinas, said: “This action is part of our strategy for active management of our portfolio. The decision was based purely on financial criteria, as the IRR of the investment exceeded 50%.”

2018-07-04T15:08:49+00:00 July 3, 2018|