LAMDA Development accepted a binding offer from NELLENCO, a subsidiary of TEN Brinke Hellas, on February 2 for the sale of two plots in the ‘A-P2’ Urban Development Zone. The total maximum permitted building area amounts to approximately 15,700 sqm. The transaction value is set at €41.5 million, equating to an average price of €2,650 per sqm of buildable area. Completion remains subject to finalization and signing of the relevant contractual documents.
LAMDA: Sale of Two Residential Plots for €41.5M
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