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  • Transaction / Assets
    Retail store in Chania, Crete
  • Seller
    TRASTOR REIC
  • Buyer
    na
  • € MM
    1.8

Trastor sells commercial property in Chania for €1,8 m

Trastor S.A. announced the sale of a store in Chania, Crete with a total surface area of 700 sq.m. for a total price of €1.8 m. The property was acquired in April 2018 for €1.3 m. It is located on Skalidis & Manousogiannakis streets.

This sale is in line with the Company’s investment plan and the maturity cycle of the existing real estate of its portfolio, yielding high accumulated capital gains in the medium term for its shareholders.

As mentioned in the announcement, Trastor continues the implementation of the value-added investment strategy with a view to its further development.

Original Source: MoneyReview.gr

Adaptation/Summary: Kiki Athanasiadis

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