TRASTOR Property Investments (hereinafter the “Company”), following its announcement dated May 21, 2026 regarding the approval of three transactions with a related party, announces the acquisition of three properties in the Athens business district for a total consideration of €38.6 million, as follows:
(a) a multi-story building with a total area of 6,469 sq. m. located at 8 Karagiorgi Servias Street, in Athens, for a total consideration of €26.0 million,
(b) a multi-story building with a total area of 3,826 sq. m. located at 58 Athinas Street, in Athens, for a total consideration of €5.35 million, and
(c) a multi-story building with a total area of 5,129 sq. m. located at 5 Lykourgou Street, 6 Evpolidos Street, and 1-3 Apellou Street, in Athens, for a total consideration of €7.30 million.
The properties are located in key locations in central Athens, with strong visibility, accessibility, and commercial viability, further strengthening the Company’s presence in a market that is experiencing strong demand for high-quality commercial spaces and significant growth prospects. The Company plans to implement targeted investments to upgrade and modernize the properties, with the aim of improving their technical and operational characteristics, enhancing their commercial appeal, and creating added value.
The investment is part of the Company’s strategy to build a portfolio of high-quality properties in prime urban locations, capitalizing on opportunities created by the ongoing revitalization of downtown Athens and the growing demand for modern commercial spaces.
The transaction was financed by funds raised through the Company’s recent share capital increase, confirming the immediate and effective implementation of the investment program presented to shareholders and the investment community.
The CEO of TRASTOR Property Investments, Mr. Tasos Kazinos, stated:
“The acquisition of these three properties marks TRASTOR’s first major investment following the successful completion of the recent share capital increase and confirms our ability to consistently and effectively implement our investment plan. With this transaction, we reaffirm our confidence in the prospects of the office market, particularly in Athens’ business district, and further strengthen the diversification of our portfolio with value-added properties. In this context, we are considering selective upgrade investments in these properties, with the aim of further leveraging their potential and strengthening their long-term contribution to the Company’s revenue and profitability, as well as generating higher and sustainable returns for our shareholders. The transaction marks the beginning of a new growth cycle for the Company, representing the first significant step in the implementation of the investment program presented to our shareholders. We remain committed to our strategy of investing in prime properties with strong returns, with the aim of creating a portfolio of unique quality and enduring value.”