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Transaction / Assets Mixed use stand alone building in Chalandri, AtticaSeller TRASTOR REICBuyer na€ MM 5.05
TRASTOR REIC sold a stand-alone building in Chalandri
Trastor REIC announced the completion of the sale of a mixed-use stand-alone building, located at 278, Kifissias Ave. in Chanandri, for a total price of €5.05 m. The property was acquired in November 2018 for €4.00 m.
According to the company’s announcement, this sale is aligned with the maturity cycle targeted by the Company for this asset, and it secures significant capital gains for its shareholders. At the same time, the Company continues the implementation of its value-add investment strategy for its further growth.
Original Source: Capital.gr
Adaptation/Summary: Kiki Athanasiadis