Grivalia picks up multi storey building for 10 mln euros

Grivalia Properties has purchased a stand alone mutli storey building in central Athens for 10 million euros, it said in a statement.

The building is located on the corner of Omirou and Stadiou streets.

"The company acquired an asset with excellent visibility and unobstructed view to the Old Parliament House, with total area of circa 4.500 square meters. The company’s investment plan includes the complete redevelopment and transformation of the asset into a modern energy efficient building in line with international sustainability standard," Grivalia said in a statement.