The management of BVIC announces that the Group signed a preliminary agreement to purchase 99% of the shares of the company 'ELFINKO S.A'. The latter owns a land plot of 6,000sqm at 340 Syngrou Avenue in the municipality of Kallithea - Athens. BVIC plans to develop a commercial building, on the aforementioned land plot, of approximately 14,000sqm of lettable area as well as 600 parking spaces. The estimated total cost, including plot acquisition and development cost of the project, is approximately euro 40 million.