Grivalia Properties REIC

117, Kifisias Avenue & Agiou Konstadinou Street

151 24, Maroussi Athens-Greece

Tel: (+30) 210 8129 600

Fax:(+30) 210 8129 670

VAT n. GR094048855

General

Comm.Registry 000239101000 Reg. act 11/352/21.9.2005

Maroussi, December 4th, 2017

Press Release

Acquisition completion regarding the "Olympos Naoussa" asset in Thessaloniki

GRIVALIA PROPERTIES REIC, announces to the investors that the acquisition of the "Olympos Naoussa" asset in Thessaloniki by the joint venture of Grivalia Hospitality

S.A. & Macedonian Hotels S.A. ("OL.NA.") has been concluded.

The joint venture had been declared as the preferred bidder in a Tender by Bank Eurobank Ergasias S.A., related to the acquisition of the "Olympos Naoussa" asset. The transaction amount is € 5,459,700.

Grivalia Properties REIC published this content on 04 December 2017 and is solely responsible for the information contained herein.
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