Successful capital increase for Grivalia Hospitality

Monday, July 31st, 2017
Last Update: 11:46

Athens-listed Grivalia Properties Real Estate Investment Company announced Friday its Grivalia Hospitality unit has successfully raised 60 million euros from Grivalia Properties and Eurolife ERG Life Insurance Company SA.

As a result, the total issued and paid up share capital of Grivalia Hospitality amounts now to €120m, 25% owned by Grivalia Properties, 25% by Eurolife and 50% by M&G investments.

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