Brief: Lamda Development Signs Preliminary Agreement For The Sale Of Divided Horizontal Properties In Ellinikon For EUR 31.0 Million
15/10/2024 16:56
Oct 15 (Reuters) - Lamda Development SA LMDr.AT :
* SIGNS PRELIMINARY NOTARIAL FOR THE SALE OF DIVIDED
HORIZONTAL
PROPERTIES IN ELLINIKON WITH TRADE ESTATES REIC
* TOTAL TRANSACTION CONSIDERATION AMOUNTS TO EUR 31.0
MILLION WITH
THE TOTAL ESTIMATED INVESTMENT FOR THE DEVELOPMENT AT EUR 75.0
MILLION
* WITH THE SIGNING OF THE DEED EUR 4.5 MILLION WAS COLLECTED
WITH
75% OF THE TOTAL CONSIDERATION TO BE COLLECTED WITHIN 2025 AND
THE REMAINING AMOUNT UPON COMPLETION OF THE PROJECT
Further company coverage: LMDr.AT
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 587785269;))
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