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New properties included in the Premia Properties portfolio

Premia Properties, of the Greek-Swedish businessman Ilias Georgiadis, enters a new trajectory of dynamic growth, with the new share capital increase of the company up to 75 million euros, through a contribution to it of new real estate and cash.

In total, the contribution of the new share capital increase will be real estate worth €27.5 m and cash up to 47.5 m. The new funds will be used both to strengthen the investment portfolio and finance new investments as well as to expand the company’s share base. S

ix of the seven properties will be contributed by Sterner Stenhus Greece AB, owned by Elias Georgiadis, and one property by Elias Tsiklos Holdings Ltd. The properties are:

  1. Logistics warehouse buildings, with a total area of ​​11,982.05 sq.m., in the location “Dyo Pefka”, in Aspropyrgos, Attica, (valued at € 15,212,072).
  2. Warehouse logistics in Aspropyrgos, Attica (valued at € 4,276,010).
  3. Logistics warehouse buildings, with a total area of ​​15,664.30 sq.m., in Mandra, Attica. The property was valued at € 6,384,157.
  4. Logistics warehouses, with a total area of ​​25,724.78 sq.m., at the 1st km of the Sindou-Chalastra Provincial Road. The property was valued at € 14,821,000.
  5. Logistics warehouses, surface 10,148.82 sq.m. in the Municipality of Elefsina, Attica (valued at € 6,670,000)
  6. Store of 1,374.35 sq.m., in the Municipality of Katerini The property was valued at € 2,204,000.
  7. Commercial store, ground floor building with an area with the addition of ground floor buildings and basement surface at the 7th km Kalamata-Tripoli. The property was valued at € 4,908,000.

Original Source: Bizness.gr

Adaptation/Summary: Kiki Athanasiadis