Δευτέρα, 15-Οκτ-2018 18:56
Trastor acquired a high-end property at Voukourestiou Street
Trastor REIC announced the acquisition of a retail store at the commercial high
street of Voukourestiou, in the center of Athens. The unique location of this property, at the junction of 24 Voukourestiou Str. & 4 Valaoritou Str., has a total surface area of 138 sq.m. and is fully let. The acquisition price is € 2.5M.
Mr. Tassos Kazinos, Chief Executive Officer of the Company, made the following statement:
"We are particularly pleased to complete the acquisition of this property, located at the prestigious street of Voukourestiou. Firstly, we incorporated in our portfolio a retail store at a unique location, in one of the most commercial streets of Athens. Secondly, because of this acquisition Trastor's gross asset value (GAV) exceeded the € 100M target, as per the Company’s investment plan adopted in 2017. With emphasis on growth, we implement our targeted investment strategy, creating value for our shareholders and for the society."