SPDI buying half of Helios Phoenix portfolio

SPDI buying half of Helios Phoenix portfolio

Published at: 2017-10-12 11:28 | Author: CIJ Journal
Secure Property Development & Investment (SPDI) is in the process of acquiring half of Helios Phoenix's Romanian portfolio, according to profit.ro. The deal is expected to net up to €9m. Once the acquisition is finalized, SPDI will be the new owner of the Olympian Logistics parks in Bucharest, Braşov and Timişoara which provide a net operating income of about €4.5m per year.

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