According to the company’s annual report, Prodea has acquired, on January 28th, a commercial property located at 19-20 Filikis Etairias square in Athens. The property has total surface area of approximately 496.5 sqm and he acquisition cost amounted to €2,3 m of which € 629,000 had been paid in advance. One day before, on January 27th, the Company completed the acquisition of a commercial property on 7, Angelos Metaxas Avenue in Glyfada, total area of 415 sqm The acquisition price was €2.1 m.
Meanwhile, on February 13th, the company “PIRAEUS TOWER SA”, based in Marousi Attica, was established. Its share capital amounts to €2.9 m and is divided into 290,000 ordinary shares. Prodea holds 30% of the shares of PIRAEUS TOWER SA. The purpose of the company is the completion, renovation, maintenance, operation, and management for 99 years, of the Piraeus Tower.
Original Source: Prodea
Adaptation/Translation: Kiki Athanasiadis