Dixons sub­sidiary signs lease at com­mer­cial park

Kathimerini English - - Business -

Reds, a sub­sidiary of listed con­struc­tion com­pany El­lak­tor, an­nounced yes­ter­day the sign­ing of an agree­ment with electrics re­tailer Kotso­vo­los for the lat­ter’s in­clu­sion in the com­mer­cial park un­der con­struc­tion at Spata, near the new McArthurGlen dis­count vil­lage. The deal con­cerns the lease of a to­tal space of 3,500 square me­ters to Kotso­vo­los’s par­ent com­pany Dixons South­east Europe. The new com­mer­cial park, close to the Attica Zoo in the area of Yalou, some 20 kilo­me­ters from the Athens In­ter­na­tional Air­port, has al­ready leased out some 70 per­cent of its sur­face, that to­tals 50,000 sq.m. Reds is also in ne­go­ti­a­tions with a se­ries of re­tail chains from the sec­tors of ap­parel and cos­met­ics to cover the rest of the sur­face. Al­ready among the firms to be hosted are In­ter­sport of the Fourlis group (that will take up 1,600 sq.m.) and the Prak­tiker chain. The park will prob­a­bly open this Oc­to­ber. The lo­ca­tion of the com­plex is par­tic­u­larly fa­vor­able as it com­bines a sparsely pop­u­lated area with the ac­ces­si­bil­ity pro­vided by At­tiki Odos, a Reds state­ment sug­gested yes­ter­day. higher re­serve re­quire­ments and pos­si­ble new mea­sures in a low in­ter­e­strate en­vi­ron­ment, Erste Group Bank AG said. The in­creases in banks’ re­serve re­quire­ment ra­tios were “not ef­fec­tive as ex­pected” and ad­di­tional mea­sures are fore­seen to curb loan de­mand, Erste said in an e-mailed re­port yes­ter­day. Nev­er­the­less, bro­ker Global Se­cu­ri­ties sug­gested that Turk­ish banks of­fer “com­pelling value” rel­a­tive to do­mes­tic non-banks and in­ter­na­tional peers af­ter this year’s falls trig­gered by cen­tral bank and reg­u­la­tory mea­sures to slow credit growth. “A fur­ther 5 to 10 per­cent rel­a­tive weak­ness in banks should be taken as an op­por­tu­nity to buy them at the ex­pense of Turk­ish non-banks,” Global Se­cu­ri­ties said in an­other port yes­ter­day.

re-

(Bloomberg) ate com­ment. Al­ba­nian Air­lines, in which Evsen has owned 93 per­cent of the shares since 2009, flies to 12 des­ti­na­tions from Ti­rana In­ter­na­tional Air­port.

(AP) mum salary at 485 eu­ros a month. Manuel Car­valho da Silva, head of the Por­tuguese Gen­eral Work­ers’ Con­fed­er­a­tion, says his mem­bers must fight the mea­sures. “If we ac­cept this rem­edy, in two years’ time we’ll be poorer and in re­ces­sion,” he said yes­ter­day.

(AP)

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