PREMIA – Acquisition of an Office Building with a 7.35% Yield and a WALT of approx. 9 Years

Premia Properties (PREMIA) announced that on 29 January 2025 it acquired 100% of the shares of the company Moudros S.A. The company owns an office building with a total area of 3,150 m², located at 6 Limnou Street in Thessaloniki. The purchase price amounted to €7.585 million.

The building is fully leased to the Greek Cadastre Office, with a lease term from 2022 to 2034 and an annual rent of €558,000.

The CEO of PREMIA, Mr. Ilias Georgiadis, stated:
"We are very pleased that PREMIA has completed another significant transaction and strengthened its portfolio with a high-quality building of social importance."

Source: PREMIA