AI assistant
Premia R.E.I.C. — M&A Activity 2026
Apr 29, 2026
2655_rns_2026-04-29_a3b3383d-b56e-4694-a64d-13ec307cdeb3.pdf
M&A Activity
Open in viewerOpens in your device viewer
PREMIA
Properties
ANNOUNCEMENT
PREMIA PROPERTIES AND PIRAEUS BANK ENTERING INTO A STRATEGIC AGREEMENT
Athens, April 29, 2026
Premia Properties (“PREMIA”) informs the investment community that on April 20, 2026, an agreement was signed between Piraeus Bank and Pandora Invest II S.A., a subsidiary of the PREMIA Group, relating to the acquisition of real estate assets for their utilization in line with the company’s strategy.
The transaction perimeter includes 34 properties with a total value of €49 million from Piraeus Bank’s REO (Real Estate Owned) portfolio, covering various uses (such as office buildings, retail stores, and warehouses).
The completion of the transaction is expected to take place by the end of the second quarter of 2027.
Mr. Elias Georgiadis, Chairman of the Board of Directors of PREMIA PROPERTIES, stated: “We are pleased with our cooperation with Piraeus Bank. The agreement for the acquisition of a significant real estate portfolio with strong profitability prospects strengthens PREMIA’s growth strategy.”
Premia R.E.I.C. 59, Vas. Sofias Avenue, GR 115 21 Athens, Greece HCMC License No 4/949/5.4.2022, GCR No: 861301000, www.premia.gr