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Eurobank: The Petra project restarts sales of real estate portfolios by the banks

The Petra project, the sale of 150 properties by Eurobank, resumes the sales of real estate properties by banks in Greece, after last year’s break caused by the pandemic.

The portfolio is estimated at a value of €38 m euros. It consists mainly of commercial properties throughout Greece.

Reportedly, increased interest has been expressed from foreign investors and the Bank has received non-binding offers from at least 5 funds. These are also new funds from abroad, in addition to those that have already entered the Greek market.

Original Source: Insider.gr

Adaptation/Summary: Kiki Athanasiadis