Pasal Development S.A. announces the acquisition of a property located on the conjunction of Nea Egnatia Motorway and Thermaikou str., in the region of Oreokastro, in Thessaloniki. The property has a total surface of 40,832 sq.m. with a 150m. frontage which makes it impressively visible.
The property also includes a building complex consisting of two separate buildings, one of 23,655 sq.m. (with underground areas), and one of 5,188 sq.m. total surface.
This property was acquired by Pasal Development for euro 5.280.000 (excluding taxes), is intended for commercial and office use, and is expected to deliver important valuation profits to the company.