Trastor REIC has announced that the acquisition of the professional warehouse in Magoula, Aspropyrgos, has been completed. The company had been appointed bidder for the acquisition of the property on the 19th of September, last year.
The total area of the property is 4,925 sqm, and the price offered by the Company amounted to €1.1 m.
Last week, Trastor released its 2019 Investment Statement. According to that, the Company made 13 new investments in commercial real estate. As of December 31, 2009, the company’s investment property portfolio included 54 properties valued at €168.1 million.
In addition, the Company invested in shares of four public limited companies with a privately owned office building each. The total valuation value of the 58 investment properties of the Group (the Company and its subsidiaries) amounted to EUR 200.7 million.
Original Source: Euro2day
Adaptation/Translation: Kiki Athanasiadis