Acquisition of a retail property leased to AV Vassilopoulos in Trikala municipality, Karditsa (Central Greece) at a cost of 3,150,000 euro.

In line with the Company's investment strategy to further expand its investment portfolio, Eurobank Properties Real Estate Investment Company (the "Company"), acquired, from ARΧIKON S.A., a retail property located in Trikala municipality, 65 Karditsas Street. The acquired property consists of a retail building with total area of 1,747.50 sqm on a land plot with a total area of 3,299.42 sqm. The property is leased to the well-known Greek hypermarkets retailer "AV Vassilopoulos S.A" with the lease contract expiring in 2028. The acquisition price for the property amounted to euro 3.15m. The transaction was financed by the funds raised from the share capital increase which took place during December 2007. The market value as estimated by the Body of Sworn-In Valuers of Greece (SOE) is euro 3.3m.

The gross entry yield of the investment is calculated at 6.5%. This acquisition of the specific property verifies Eurobank Properties REIC's investment strategy for future growth through selective acquisitions of office, retail, logistics and industrial spaces in prime locations, taking into consideration the prevailing market conditions.