ECONOMY

Eurobank completes hypermarkets acquisition

eurobank-completes-hypermarkets-acquisition

Eurobank on Thursday announced the completion of the acquisition of properties housing four Sklavenitis hypermarkets – two in Athens and two in Thessaloniki – with a total area of 90,000 square meters.

These were the properties former subsidiary Grivalia Properties Real Estate Investment Company had agreed to acquire in March 2019.

The yield of the 177.06-million-euro investment is close to 9 percent.