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alternative Assets News: Greek Real Estate Intelligence

Dutch company to acquire the property of EOMMEX in Tavros
The MRP of the Meijer family, one of the largest real estate development and utilization companies in the Netherlands, with a vehicle of "MRP TAVROS SA", submitted the one and only binding offer for the former Hellenic Organization of Small and Medium Sized Enterprises and Handicraft (EOMMEX) property, in Tavros, Attica. The property, which in the past housed EOMMEX warehouses, is in a residential area with a good location, adjacent to two major avenue. Another advantage is that the location of the building is a link between the center of Athens and areas of the southern suburbs. One of the 5 buildings with a total area of 1,526.79 sq.m., located on a land plot of 3,295.75 sq.m., has been declared a monument. According to the plan, the specific building will be restored to become a landmark for the wider area. As mentioned in the announcement of HRADF, the bid evaluation process will begin immediately to verify the fulfilment of the prescribed criteria. Then the financial bid will be unsealed, following the procedures. Original Source: eRED.gr Adaptation/Summary: Kiki Athanasiadis
Premia Properties to purchase the historic Bouraris wineries
Premia REIC enriches its portfolio with the purchase of the historic Bouratis wineries. The company confirmed that it is in exploratory discussions with the company I.BOUTARIS & SON and its creditors, for the acquisition of the Boutaris properties. Reportedly, Premia has been negotiating for months the purchase of wineries Boutaris owns throughout Greece, with the with the companies that have taken over the Boutaris’ loans; Intrum, doValue, Bain Capital and Cepal Hellas. Boutaris owns a total of 5 wineries in Greece in Naoussa, Goumenissa, Crete, Santorini and Mantineia. Original Source: eRed.gr Adaptation/Summary: Kiki Athanasiadis
Quest Holdings acquired solar parks in Attica
Quest Holdings SA announced that it has acquired photovoltaic power plants with a total capacity of 2MW. The production stations have been installed within the Prefecture of Attica, for a total price of €1.56 m. According to the company, with this acquisition, the installed capacity of the RES electricity generation stations of the energy arm of the Quest Holdings Group, amounts to 30MW. Original Source: eRed.gr Adaptation/Summary: Kiki Athanasiadis