Greek real estate investment company Eurobank Properties announced that it has purchased 100% of the shares of Greek property company Kalampokis Tours and Cargo for EUR 5.35 mln on a debt and liability-free basis.
Greek real estate investment company Eurobank Properties announced that it has purchased 100% of the shares of Greek property company Kalampokis Tours and Cargo for EUR 5.35 mln on a debt and liability-free basis.
The acquired company includes land with a total area of 15,930 m2 and rentable warehousing with a total leasable area of 6,169 m2. The property is currently on lease to Hellenic Drug Organisation and the Organisation for the Publication of Educational Books.
The acquisition forms part of Eurobank Properties' plans to increase its real estate investments and the deal was wholly financed from the funds raised from its capital increase in December 2007.
