Brief: Lamda Development Signs MoU With Orilina Properties For An Estimated Investment Of EUR 70 Million In Ellinikon Project

Lamda Development SA

08/06/2022 15:52

June 8 (Reuters) - Lamda Development SA  LMDr.AT :
    * ELLINIKON SMSA SIGNED MOU WITH ORILINA PROPERTIES REIC
CONSIDERING PURCHASE BY ORILINA PROPERTIES OF LEASEHOLD RIGHTS
ON LAND PLOTS IN THE WIDER AREA OF THE AGIOS KOSMAS MARINA
    * THE SAID PLOTS WITH A POTENTIAL TOTAL BUILDABLE AREA OF UP
TO
5,790 SQM, ARE LOCATED BETWEEN THE RESIDENTIAL TOWER, RIVIERA
TOWER, AND THE COMMERCIAL DESTINATION, RIVIERA GALLERIA
    * THE TOTAL INVESTMENT UNDERTAKEN BY ORILINA PROPERTIES FOR
THE
SAID DEVELOPMENT IS ESTIMATED AT EUR 70 MILLION

Source text: https://bit.ly/3QkvAae
Further company coverage:  LMDr.AT 

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