{"id":8816,"date":"2024-03-01T07:32:58","date_gmt":"2024-03-01T07:32:58","guid":{"rendered":"https:\/\/trade-estates.com\/?p=8816"},"modified":"2024-03-01T07:35:26","modified_gmt":"2024-03-01T07:35:26","slug":"publication-of-the-investment-schedule-31-12-2023","status":"publish","type":"post","link":"https:\/\/trade-estates.com\/en\/publication-of-the-investment-schedule-31-12-2023\/","title":{"rendered":"Publication of the Investment Schedule 31.12.2023"},"content":{"rendered":"\t\t
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TRADE ESTATES REAL ESTATE INVESTMENT COMPANY (the \u201cCompany<\/strong>\u201d), pursuant to the provisions of decision 8\/259\/19.12.2002 of the Hellenic Capital Market Commission, as currently in force, proceeded with the publication of its Investment Schedule dated 31.12.2023.<\/p>

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During 2023, the Company invested:<\/p>

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  • On 29.05.2023, the Company acquired the remaining 50% of the share capital of POLIKENCO SA, for a price of \u20ac3.15 million, having the full ownership of the company. This participation concerns a plot of land with a total surface area of 20,977.84 sq.m. on which a commercial park with a total surface area of 21.6 thousand sq.m. is being built in Patras.<\/li><\/ul>

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    • On 30.06.2023, the Company acquired fifty-nine (59) horizontal properties in a commercial park in Larissa, as well as two (2) land plots, for a price of \u20ac10.7 million. The said investment concerns the acquisition of a 30,592 sq.m. retail park, with HOUSEMARKET (IKEA) and INTERSPORT ATHLETICS AEE (INTERSPORT) as its tenants.<\/li><\/ul>

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      • On 30.06.2023, the remaining four (4) horizontal properties of the retail park already owned by the Company in Ioannina acquired for a price of \u20ac3.4 million. This investment concerns the acquisition of a 15,930 sqm building leased to JUMBO and THE MART.<\/li><\/ul>

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        • On 30.06.2023, the Company acquired through a share capital increase and contribution in kind from an existing shareholder, a plot of land with a total surface area of 45,408.04 sqm and existing industrial warehouse buildings with a total surface area of 16,655.47 sqm in Elefsina.<\/li><\/ul>

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          • On 30.11.2023, the Company acquired 100% of the share capital of YALOU SA for \u20ac95.8 million. This investment concerns the acquisition of Smart Park Retail Park in Spata, which extends on a plot of land with a total surface area of 90,979.52 sqm and retail buildings with a total surface area of 64,271 sqm.<\/li><\/ul>

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            • On 11.12.2023, the Company acquired the remaining 50% of the share capital of MANTENKO SA for a price of \u20ac4.1 million. This participation concerns a plot of land with a total surface area of 42,239.87 sqm in Heraklion, Crete, on which a retail park with a total surface area of 14.6 thousand sqm is being built.<\/li><\/ul>

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              As of December 31, 2023, the Company’s portfolio of investment properties included 15 properties (of which two are under development in Patras and Heraklion) with a total value of \u20ac477.2 million, compared to 10 properties with a total value of \u20ac288.8 million as of 31 December 2022.<\/p>

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              During 2023, due to the revaluation of the Company\u2019s investment, a gain of \u20ac30.2 million was recorded resulted both from the active leasing management of its portfolio and from the goodwill recorded from new acquisitions.<\/p>

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              \u00a0<\/p>

              February 29, 2024<\/p>

              Investor Relations and Corporate Announcements Department<\/p>

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              TRADE ESTATES REAL ESTATE INVESTMENT COMPANY (the \u201cCompany\u201d), pursuant to the provisions of decision 8\/259\/19.12.2002 of the Hellenic Capital Market Commission, as currently in force, proceeded with the publication of its Investment Schedule dated 31.12.2023. \u00a0 During 2023, the Company invested: \u00a0 On 29.05.2023, the Company acquired the remaining 50% of the share capital of […]<\/p>\n","protected":false},"author":5,"featured_media":8098,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8816","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1"],"_links":{"self":[{"href":"https:\/\/trade-estates.com\/en\/wp-json\/wp\/v2\/posts\/8816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/trade-estates.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/trade-estates.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/trade-estates.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/trade-estates.com\/en\/wp-json\/wp\/v2\/comments?post=8816"}],"version-history":[{"count":4,"href":"https:\/\/trade-estates.com\/en\/wp-json\/wp\/v2\/posts\/8816\/revisions"}],"predecessor-version":[{"id":8820,"href":"https:\/\/trade-estates.com\/en\/wp-json\/wp\/v2\/posts\/8816\/revisions\/8820"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/trade-estates.com\/en\/wp-json\/wp\/v2\/media\/8098"}],"wp:attachment":[{"href":"https:\/\/trade-estates.com\/en\/wp-json\/wp\/v2\/media?parent=8816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/trade-estates.com\/en\/wp-json\/wp\/v2\/categories?post=8816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/trade-estates.com\/en\/wp-json\/wp\/v2\/tags?post=8816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}