Orilina REIC acquired the property in the former Thon estate on Kifissias Avenue, Athens. The property is leased by the Sklavenitis super market chain and the acquisition price was approximately €26 m.
The store occupies the ground floor and mezzanine of the building, which was developed by Babis Vovos. The building has a total surface area of 10,330 sqm and has 334 underground parking spaces.
After this last acquisition, Orilina has a portfolio of 9 leased properties, with a gross book value of €82.6 m.
Original Source: Euro2day
Adaptation/Translation: Kiki Athanasiadis