Retail Store, Halandri

The asset consists of 3 independent units (horizontal ownerships) that can be leased as a whole or separately Each unit has its own entrance At the NW of the plot there are parking spaces access to the basement units Currently only Basement A is leased to SATO until 2025 and the Administrator is seeking tenants for the remaining 2 units.

Timeline

Access to VDR I, Q&As Session and Site Visits: commencing 4th April 2022 Submission of Non-Binding Offers: Monday 2nd May 2022 Evaluation of Non-Binding Offers and Pre-selection of Qualified Interested Investors: by Wednesday 4th May 2022 Due Diligence Phase & VDR II: commencing 4th of May 2022 Submission of Binding Offers: Monday the 30th of May 2022 Evaluation of Binding Offers and Selection of First Preferred Bidder: by 17th June 2022 Negotiations phase, Regulatory Approvals and Closing: by June 2022

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Location

Closer Area

This property is located on Kifissias Av. in Halandri, one of the longest and busiest avenues in the Greater Athens area. Along Kifissias av., we meet mainly commercial uses, and in particular around the area of the subject property a number of mixed-use buildings hosting large ground floor retail stores and office uses on the upper levels are located. A number of businesses, embassies, restaurant-bars, large retail stores and offices are found in the area such as Entos Furniture Store, Gruppo Cucine, Citroen, PwC, GlaxoSmithKline S.A., Patseas Jewellery.

Accessibility

The property is easily accessible by car via Kifissias Av. from the south, centre and north of the city of Athens and via the Attiki Odos Ring Road and then Kifissias Av. from the west and east suburbs. Also, the immediate area of the property is sufficiently serviced by public means of transportation with many bus and trolley routs connecting the Attica Region.

Wider Area

This property is located in the North Suburbs of Athens. The property stands between 4 large municipalities, Halandri, Filothei, Psychiko and part of Marousi and is easily accessible by car and public transportation. The property’s immediate catchment area (15’ drive-zone) serves more than 100k people. West of Kifisias Avenue, and in particular the areas of Psychiko and Filothei are heavily residential. East of Kifisias Avenue, in the location of the property, the Municipality of Halandri, is streched. Halandri is one of the largest municipalities in Athens with a population of c.75,000.

Building Presentation

The asset consists of 3 independent units (horizontal ownerships) that can be leased as a whole or separately. Each unit has its own entrance. At the NW of the plot there are parking spaces & access to the basement units. Currently only Basement A is leased to SATO until 2025 and the Administrator is seeking tenants for the remaining 2 units.

Total Area

Total area: 2,011.62 m2

Basement A: It has a total area of 542.16 m2 and its main use is a storage area. It can be leased as part of the ground floor or separately. It includes stairwell, mechanical room / cooling plant, storage room & other auxiliary spaces.

Basement B: It has a total area of 693.26 m2 and its main use is a storage area. It can be leased as part of the ground floor or separately. It includes stairwell, mechanical room / cooling plant, storage room & other auxiliary spaces.

Ground floor: It has a total area of 508.58 m2 and includes the main entrance, staircase, elevator, entrance for delivery of packages & other ancillary spaces. The main space consists of retail area and w.c.

Semi-floor: It has an area of 267.62 m2 and includes the staircase, elevator, & retail area.

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IN ORDER TO PARTICIPATE IN THE ACQUISITION PROCESS, RECEIVE MORE INFORMATION AND ACCESS TO FURTHER TECHNICAL AND LEGAL DOCUMENTATION PLEASE CONTACT US

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This web-site consist of information prepared by Deloitte Business Solutions S.A. (Greece) (“Deloitte”). Deloitte is acting as a sell-side advisor to the company Moiris Ktimariki S.A. (the “Company”), owner of the Portfolio and its administrator Sodia Real Estate Management S.A. (the “Administrator”). The Administrator has approved and authorised the contents and delivery of this website to potential parties interested in the Portfolio. None of the Company, the Administrator, Deloitte or any other person or entity make any representation of any kind regarding the accuracy or completeness of the enclosed data, or other information, or the reasonableness of any projections, assumptions or opinions, if any, contained herein, nor does any of them assume any responsibility or liability of any kind with respect thereto. This website is not intended to be a complete or a comprehensive description of the portfolio of properties owned by the Company. The Administrator and Deloitte reserve the right, without prior notice and without giving reasons, to vary or terminate the process underway, to reject any or all proposals with respect to any proposed transaction.