ANNOUNCEMENT OF BUSINESS DEVELOPMENT

Intercontinental International REIC S.A. hereby informs the investors that it acquired 2 horizontal properties (residential use), more specifically a ground floor apartment of 192.18sqm, as well as a first floor apartment of 199.25sqm. The subject properties consist part of a listed building, with distinctive architecture, located on the crossroad of 20 Daidalou & 12-12a Monis Asteriou Streets, in "Plaka" neighborhood (Athens center). The acquisition price was 640.000,00 euro, fully funded by the Company's Equity.


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