Arbitrage RE successfully brokered a 3.422m2 office building at Theotokopoulou and Astronafton streets in Maroussi and concluded the sale purchase agreement on behalf of the buyer. The acquisition price was close to €6M. The buyer was Greco Fund, managed by Dromeus Capital and the seller was AstraZeneca, the local branch of the global science-led biopharmaceutical business.
The sold property asset is of good construction standards. It consists of 5 levels and includes part of the basement, 39m2 storage area, 55 underground and 5 outdoor parking spaces. The property is located at a central commercial point adjacent to and easily accessed by Kifissias Avenue, at a close distance from known Shopping Centers and an Exhibition Center.