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BRIEF-NBG Pangaea acquires five commercial properties amounting EUR 71 MLN
June 16, 2017 / 8:17 AM / 2 months ago

BRIEF-NBG Pangaea acquires five commercial properties amounting EUR 71 MLN

June 16 (Reuters) - NBG PANGAEA REAL ESTATE INVESTMENT CO :

* ACQUIRES FIVE COMMERCIAL PROPERTIES WITH A TOTAL SURFACE AREA OF APPROXIMATELY 87 THOUSAND SQ. M. FOR A TOTAL CONSIDERATION OF EUR 71 MILLION

* ALL PROPERTIES WERE LEASED TO COMPANIES OF THE SKLAVENITIS GROUP FOR 25 YEARS

* THE PROPERTIES ARE LOCATED AT MARATHONOS (GERAKAS) AVENUE, ATHENS AVENUE (ATHENS), PETROU RALLI AVENUE (RENTIS), PATRA AND LIMASSOL, CYPRUS Source text: bit.ly/2sw2ZpI Further company coverage: (Gdynia Newsroom)

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