Commenting on the successful entry of the real estate company Dimand to the Athens Stock Exchange, Mr. Kostas Vassiliou, deputy managing director of Eurobank, who acted as underwriter in the listing, underlines in Capital.gr that the first major public listing on the Athens Stock Exchange after 8 years is evidence of a return to normalcy for the A.H.A.
At the same time, he emphasizes that this is a pivotal moment for the AXA, in which Eurobank is present as Issuance Advisor and Coordinating Main Underwriter. He also believes that the successful introduction is a precursor for new similar moves by other successful companies.
Mr. Vassiliou’s statement to Capital.gr in detail:
“The listing of Dimand on the Athens Stock Exchange, with the raising of approximately 100 million euros, is the first major public listing on the Greek Stock Exchange after eight years and a milestone for the return of the Greek Capital Market to the normality of its developmental role. Eurobank, the first Greek systemic bank to clean up its balance sheet, is focusing all its efforts on consolidating a sustainable recovery in the Greek economy.
As Issuance Advisor and Co-ordinating Lead Underwriter, in the process of its first listing after so many years on the A.E., it gives a resounding presence at a pivotal moment for the domestic market, which is turning a page. We support a promising company, with a capitalization estimated at almost 300 million euros, one of the most active in the implementation of flagship projects in the development of commercial real estate, with a strong ESG seal, to take the next big step, launching a new development capital in its strategy , which is linked, among other things, to the transformation of degraded areas.
The strong interest of foreign and domestic institutional and private portfolios in the process, despite the difficult international situation, is the tangible proof of recognition of Dimand’s prospects. Its success will be a forerunner for similar moves by other Greek outward-facing businesses that will upgrade the Greek market, inside and outside the borders”.
Source: Capital
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