Certainly your move to acquire 10% of the “gold bearer” Attic Road of GEK TERNA did not go unnoticed by the market’s radars, with the Marianna Latsis appear particularly active in the last period of time, positively influencing the Athens Stock Exchange.
After all, the versatile businesswoman, with a “heavy” and historic surname, seems to be playing… ball at least 3+1 listed.
Entrance to buildings
The beginning has been made 2021when Marianna Latsis rushed to invest in construction, buying a percentage 7.59% about its share capital GEK TERNA.
The sellers were the Dutch Reggeborgh, with the sale price being 11.20 euros (88 million euros in consideration), which means that the Latsis profit exceeds +56%, given that the current share price is 17.5 euros (maximum of 24 years).
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The step in the real estate sector
One year later, that is, in 2022, it took another important investment step, acquiring 5.35% of its shares Demandas part of the initial public registration of Dimitris Andriopoulos’ company. The businesswoman and boss of that Latsco family office was asked to pay 15 million euros.
Last year, at the same time, Marianna Latsis also invested in Commercial Propertiesthat is, the property management company of the Fourlis Group. It acquired 4.2% of the shares for 8 million euros.
And in the last two movements, of course, the discount in the real estate sector, the record of high capital gains certainly does not help, something that, however, cannot be excluded from changing in the future, while central bank interest rates are “treasury”.
Leaving Lamda
In addition to all this, Marianna Latsis also has 1/3 of the family share in her “heavy artillery” Hellenic Energy (the remaining 2/3 belongs to his siblings, Spyros and Margarita Latsis), which is calculated in 40.4%.
On the contrary, in her case Lamda Development, the businesswoman decided to leave the 2020divesting all of its previous stake, following disagreements and objections with the remaining members of the Latsis family regarding the company’s business orientation.
Of course, this development guaranteed her a large amount of liquiditythrough which financed the subsequent moves into GEK TERNA, Dimand, Trade Estates and finally Attiki Odos.
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(The text above is the product of journalistic research and does not constitute an invitation to buy, sell or hold any share)