March 1st, 2021

Press Release

Total value of properties reaches € 100,4 million

BriQ Properties R.E.I.C. (the "Company") announces that the total value of its 28 properties (Company and subsidiaries) amounted to € 100,4 million according to Company's Investment Schedule dated 31.12.2020.

During the financial year 2020, the Company invested a total amount of € 41,1 million, as follows:

  • ➢ It acquired 6 new properties amounting to € 10.0 million.

  • ➢ It invested € 3,7 million in development and renovation of its portfolio

  • ➢ It invested € 3,5 million for acquisition of 100% of the share capital of Plaza Hotel Skiathos S.A..

  • ➢ It invested € 23,9 million for acquisition of 80% of the share capital of Sarmed Warehouses S.A..

As at 31.12.2020, Company's total value of investments in properties and subsidiaries amounted to € 102 million, recording a significant increase of 70% compared to the total value of € 60 million of 22 properties owned at 31.12.2019.

The Investment Schedule of the Company dated 31.12.2020 was published on the website of the Athens Stock Exchange (www.helex.gr) and on the corporate website (www.briqproperties.gr) on Friday 26.02.2021 according to the number 8/259 / 19- 12-2002 decision of the Hellenic Capital Market Commission, as amended and in force today.

Attachments

  • Original document
  • Permalink

Disclaimer

BriQ Properties REIC published this content on 01 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2021 08:23:04 UTC.