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BRIEF-Intercontinental International buys four properties in Athens worth EUR 0.9 million
June 15, 2017 / 12:46 PM / 6 months ago

BRIEF-Intercontinental International buys four properties in Athens worth EUR 0.9 million

June 15 (Reuters) - INTERCONTINENTAL INTERNATIONAL REAL ESTATE INVESTMENT COMPANY SA:

* 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: bit.ly/2rzWD4I Further company coverage: (Gdynia Newsroom)

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