PROJECT

Projects

Summary of Investment Information

Project Number

38285

Company Name

GRIVALIA PROPERTIES REIC AE

Date SPI Disclosed

Jan 12, 2017

Country

Greece

Region

Europe

Projected Board Date

Dec 16, 2016

Environmental Category

B - Limited

Status

Active

Last Updated Date

Apr 5, 2017

Department

Regional Industry MAS LAC & EUR

Industry

Tourism, Retail and Property

Previous Events

Approved : Dec 21, 2016
Signed : Dec 22, 2016
Invested : Mar 9, 2017

Sector

Construction and Real Estate

Project Description

The IFC financing will fund the investment program undertaken by Grivalia Properties REIC that includes green building upgrades, refurbishments of the existing portfolio as well as investments (acquisitions, developments) in a number of sectors including logistics and retail throughout Greece.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation