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land Market News: Greek Real Estate Intelligence

Plaisio buys plot of land with warehouse in Magoula
The management of Plaisio chain invests in warehouses seeing how online sales have picked up during the pandemic. Thus, after investments of €38 m for warehouses and the acquisition of an e-commerce management platform in 2019, it proceeds with the acquisition of a plot of land and a building, which is adjacent to its facilities in Magoula. The new investment, amounting to €2.9 m, concerns the acquisition of a plot of land owned by the company Akritas, with an area of ​​16ooo sqm, with a warhouse  of ​​6,300 sqm. Original Source: News24.gr Adaptation/Summary: Kiki Athanasiadis
BriQ Properties: Purchased land plot of €6.5 m in Aspropyrgos, Attica
BriQ Properties completed the acquisition of land plots with a total area of ​​18,083 sq.m. in Aspropyrgos, Attica. The land plots are located at "Imeros Topos", and they are adjacent to the property BriQ’s property where a Logistics Park is under construction. As a result of successive purchases of plots in the last 12 months, today BriQ owns a single plot of land for development in Aspropyrgos with a total area of ​​102,813 sq.m. having invested a total of € 6.5 m in the land market. The company is already developing a modern Storage and Distribution Building of 20,764 sq.m. and intends to develop a second one of corresponding standards. Original Source: Euro2day.gr Adaptation/Summary: Kiki Athanasiadis
Lamda Development sold two land plots in Spata for €14 m
Lamda Development announced that its 100% subsidiary, LAMDA Estate Development sold two plots in Spata, Attica, with a total area of ​​approximately 85 sq. km. for a total price of €14 m. According to the company, the transaction price amounts to about 7% premium against the fair value of the plots on 31.12.2020. The Hellinikon Investment, and on its shopping centers. Original Source: Capital.gr Adaptation/Summary: Kiki Athanasiadis