Brief: Intercontinental International buys four properties in Athens worth EUR 0.9 million

Intercontinental International Real Estate Investment SA

15/06/2017 13:37

June 15 (Reuters) - INTERCONTINENTAL INTERNATIONAL REAL 
ESTATE INVESTMENT COMPANY SA  ICIr.AT : 
    * PROCEEDS TO THE ACQUISITION OF FOUR PROPERTIES (SHOP AND 
AUXILIARY PREMISES) OF A TOTAL SURFACE OF 1.848 SQ. IN  ATHENS 
WORTH  EUR 0.9 MILLION 
    * THE FAIR VALUE IS EUR 1.0 MILLION AND THE ESTIMATED VALUE 
WAS SET AT EUR 1.1 MILLION 
    * THE PROPERTIES ARE PARTIALLY LEASED TO "MARKET IN AEBE" 
AND THE ANNUAL RENTAL YIELD IS 9.30 PERCENT 
 
Source text: http://bit.ly/2rzWD4I 
Further company coverage:  ICIr.AT  
 
 (Gdynia Newsroom) 
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