PORTFOLIO OF LEASED PROPERTIES FOR INVESTORS
PORTFOLIO OF LEASED PROPERTIES FOR INVESTORS
, Α13
| Property type | PROPERTIES FOR INVESTEMENT PURPOSES |
|---|---|
| property region | ATHENS/SOUTH ATTICA |
| Country | GREECE |
| Sale Price | € 19000000 |
| Monthly Rent | 75000 |
Τhe company was established in September 2006 as a privately owned and controlled REIC. At present has a portfolio of property worth well over 27 Million euros. This includes both commercial and residential property situated in the southern suburbs of Athens and Greek Islands as well.
The two main commercial properties are those situated in North Suburbs.
First property is a most impressive landmark building, exquisitely designed to the highest international standards, and occupying a high profile location ,and offers retailers a superb opportunity to gain a foothold in the retail market.
Offers over 4500 square meters of retail, office and parking space. The property comprises a 3 level (street fronting) shop, 2 levels of office space (which can be joined to the shops below to add to retail space) and three levels of parking space.
Connected by the main coastal road Posidonos and Vouliagmeni Avenue
Second property sets in 2800 square meters of lawned gardens, is an AA rated building offering ideal offices and warehousing for dynamic business use.
With over 1200 square meters of office space and over 3800 square meters of dry underground warehousing, , these premises are ideal for companies involved in publishing, pharmaceuticals, electronics, education, shipping, clothing in fact for almost any multinational company looking for the convenience of prestigious large offices and warehousing/parking together in an area close to central Athens.
Located just 100 meters from Posidonos Avenue, the property is easily accessible by car and only 100 meters from bus and tram stops. There is ample employee parking space around the building.
The whole building has level 5 computer networking cables as well as full UPS cables. The building is also serviced by OTE optic cable.
It is fully air-conditioned throughout the premises and also boasts central oil-heating during the winter months.
At present the two buildings are leased to multinational companies .
Monthly rent : 75.000€/ KM
All rents have a set increase of Greek inflation index +2% per annum.
Sale Price (of Portfolio): 19.000.000€ ( negotiable)
Possible Investor scenarios:
• Total acquisition of company SA.
• Percentage acquisition of company SA.
• Initial 2 Million euro investment plus annual 400K Euro installment for 10 years. The investor would acquire shares as their capital inflow grows. These shares would be offered at a preferential locked in rate at a current value
• Acquisition of one from the mentioned properties.
