Pangaea buys 2 listed buildings for 7.2 mln euros

Category : Greece | 27-06-2018

NBG Pangaea REIC has purchased two listed properties located in the historical center of Athens for 7.2 million euros, the company said in a statement.

The first property, with retail use and a total area of some 1,608 square meters, is located at 66-68 Mitropoleos str. & 5 Kapnikareas str., in Monastiraki, an area of high visibility and excellent accessibility, the company said.

The second property, with retail and residential uses and a total area of about 706 square meters is located at 66 Adianou str. & 4 Aiolou str., in Plaka, at the foot of the Acropolis.

The price for the acquisition of the two properties amounted to 7.2 million euros, Pangaea said without saying how much each property cost.

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