BriQ Properties Real Estate Investment Company (ATSE:BRIQ) signed contractual agreement to acquire 17 properties of ICI from Intercontinental International Real Estate Investment Company (ATSE:INTERCO) for ?60.577 million on February 23, 2023. Each of the above stages is subject to relevant and mutual covenants precedent for similar transactions, including the necessary approvals from the relevant corporate bodies and the competent supervisory authorities.

Alpha Bank S.A. acts as joint financial advisor to BriQ, Ajolico, and ICI, the law firm Lampadarios and Associates as legal advisor to BriQ and the law firm Machas and Associates as legal advisor to ICI.

BriQ Properties Real Estate Investment Company (ATSE:BRIQ) completed the acquisition of 17 properties of ICI from Intercontinental International Real Estate Investment Company on January 31, 2024.