Briq Properties REIC completed the acquisition of a building at Aeolou street, central Athens at the price of €6,5 million.
According to the announcement: “BriQ Properties R.E.I.C., further to the announcement made on 13.11.2019 for the signing of a preliminary contract, announces the completion of the acquisition of a stand-alone mixed-use building in Athens central commercial district at a price of €6.500.000. The building (office building with ground floor retail) of total surface 3.022,24 sq.m. comprises 7 floors, ground floor, mezzanine and basement. It is located at 67, Aiolou Str. in the Municipality of Athens and was fully renovated in 2009. The building consists of horizontal properties of total surface 2.547,46sq.m. and is 100% leased. The above investment was financed by existing bridge loan facilities which will be repaid from the net proceeds of the share capital increase that the Company has already announced”.
Original Story: Euro2day.gr
Adaptation/Translation: Kiki Athanasiadis