TRASTOR REAL ESTATE INVESTMENT COMPANY
Sale of Property
In line with its strategy to rebalance its portfolio, TRASTOR REIC announces that it has completed the sale of a property in its ownership, located at 158 Athinon Ave., Kalamata. It comprised a petrol station rented to BP Hellas, with a total area of 1.235 sq.m. The sale price was € 380.000, while the market value as appraised on 31st December 2010 was € 389.244. From the sale TRASTOR REIC realized a profit of € 81.365. Of this amount, € 90.609 has already been included in the company's financial results as fair value gain, and the loss of € 9.244 will appear in the financial results of the second quarter of 2011.