Central Bank establishes national investment property company
01 April 2010
The Central Bank of Greece has announced that it has completed the creation of the "National Pangaia Investment Company Real Estate", which will operate in the real estate sector.
The company's portfolio includes 241 commercial buildings (mainly banks and offices) in areas with high marketability. It will be active in the sector of investments, management and exploitation of property. According to a recent assessment, the market value of the company's property is around 914 million euros.
Source: ANSAmed
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