TRADE ESTATES REIC
In 2018, FOURLIS Group decided to enter into the real estate investment division through the establishment of a new subsidiary company named “TRADE ESTATES REAL ESTATES INVESTMENT COMPANY”. The formation of the Company was concluded in July 2021.
Group’s new subsidiary company granted an operating license from the Hellenic Capital Market Commission on 28.02.2019. The new company aims to invest in a real estate portfolio consisted of quality retail properties and E-Commerce infrastructure.
FOURLIS Group through its operation in this sector aims to increase its flexibility in accessing funds, to improve its overall returns on assets, to centralize the ownership and the management of its assets and to improve its tax planning.