Prodea: The investment program of 600 million euros continues

of Eleni Botas

Prodea Investments AEEAP is looking at the completion of its investment program of 600 million euros.

As it became known yesterday during the annual Ordinary General Meeting, the company has already contracted and has in progress more than 65% of its investment plan.

Most of its investments – at a rate of 87% – relate to certified “green” properties, which will enhance the environmental profile of all its investment properties.

According to the estimates of the company’s management from the existing new projects and developments, it is already expected in the second half of the current year to have additional annualized rents of 10.7 million euros, while by the first half of 2025 with the completion and full lease of the projects the rents can reach 26.1 million euros.

Finally, the general meeting gave permission to the company’s board of directors to proceed with a Share Capital Increase, if deemed appropriate, while as the company’s management reiterated, the intention of its main shareholders is to place placement or use other means to expand the distribution of shares. of.

Source: Capital

You may also like