Brief: Dimand-Led Consortium Completes Acquisition Of 65% Stake In Skyline

Premia Real Estate Investment SA

23/12/2024 08:33

Dec 23 (Reuters) - Dimand Societe Anonyme for The Use
and Construction of Real Estate Constructions  DIMANDr.AT :
    * DIMAND SAYS IN CONSORTIUM WITH PREMIA AND THE EUROPEAN
BANK FOR
RECONSTRUCTION AND DEVELOPMENT CONCLUDE ACQUISITION OF A 65%
STAKE IN SKYLINE REAL ESTATE FROM ALPHA BANK GROUP
    * DIMAND SAYS IT PARTICIPATES BY 55% IN THE INVESTOR
CONSORTIUM
WHILE PREMIA PROPERTIES AND THE EBRD PARTICIPATE BY 25% AND 20%
RESPECTIVELY
    * DIMAND SAYS PORTFOLIO INCLUDES 460 PROPERTIES WITH A TOTAL
ACQUISITION VALUE OF EUR 298.0 MILLION
    * DIMAND SAYS BASED ON THE BUSINESS PLAN THE REAL ESTATE
PORTFOLIO
INCLUDES PROPERTIES FOR SALE AS WELL AS PROPERTIES FOR RETENTION


Further company coverage:  DIMANDr.AT 

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