Premia R.E.I.C.

Company Description

Premia Properties, a real estate development and management company, was founded in 1991. Its shares are being traded on the Athens Stock Exchange since 2008.

In July 2020, Premia successfully realised an Increase of its Share Capital by 10 mil. euro, with STERNER STENHUS GREECE AB acquiring a significant stake of 87.64%.

The Group’s growth relies on the creation of a property portfolio which will yield long-term value and minimise the investment risk by diversifying investments in various properties or fields, based on geographical criteria, type of usage, age of property, etc. and actively managing the portfolio by assessing the return of each property. Considering the long-term benefits for the Company and its shareholders, possibilities for alternative usage or even selling properties will also be explored.

Served Area

Greece