Announcement 17-7-2017

Further to its prior announcement dated 15.06.2017 regarding the acquisition of shares corresponding to the 50% of the share capital of LAMDA OLYMPIA VILLAGE S.Α. (hereinafter “LOV”), Lamda Development S.A. (hereinafter  the “Company”),  informs the investors that, following the completion of the transaction, the Company now holds the 100% of LOV share capital.  

It is noted that LOV owns the Shopping Center “The Mall Athens”, a landmark real estate asset with a Gross Asset Value of €381.2 Mil.