{"id":2090,"date":"2017-08-13T22:43:51","date_gmt":"2017-08-13T22:43:51","guid":{"rendered":"https:\/\/trastor.gr\/?page_id=2090\/"},"modified":"2026-08-05T12:04:09","modified_gmt":"2026-08-05T12:04:09","slug":"regulatory-framework","status":"publish","type":"page","link":"https:\/\/trastor.gr\/en\/company-2\/regulatory-framework\/","title":{"rendered":"Regulatory Framework"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container has-pattern-background has-mask-background fusion-parallax-fixed hundred-percent-fullwidth non-hundred-percent-height-scrolling lazyload\" style=\"--awb-background-position:center top;--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-min-height:60vh;--awb-background-size:cover;--awb-flex-wrap:wrap;background-attachment:fixed;\" data-bg=\"https:\/\/trastor.gr\/wp-content\/uploads\/2026\/02\/offices-banner-1-scaled.jpg\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-end fusion-flex-align-content-flex-end fusion-flex-content-wrap\" style=\"width:104% !important;max-width:104% !important;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container has-pattern-background has-mask-background hundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-background-color:var(--awb-color3);--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-justify-content-flex-end fusion-flex-content-wrap\" style=\"width:104% !important;max-width:104% !important;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-flex-column fusion-flex-align-self-flex-start\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-end fusion-content-layout-row\"><div class=\"fusion-text fusion-text-1\" style=\"--awb-font-size:26px;--awb-text-color:var(--awb-color3);--awb-text-font-family:&quot;Commissioner&quot;;--awb-text-font-style:normal;--awb-text-font-weight:100;\"><div id=\"pagename\" style=\"text-align: right;\">Regulatory Framework<\/div>\n<\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-3 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--link_hover_color: var(--awb-custom_color_1);--link_color: var(--awb-custom14);--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-top:3%;--awb-background-image:linear-gradient(180deg, #ebeaea 0%,rgba(255,255,255,0) 30%);--awb-flex-wrap:wrap;--awb-flex-wrap-medium:wrap;--awb-flex-wrap-small:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:calc( 1200px + 10px );margin-left: calc(-10px \/ 2 );margin-right: calc(-10px \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 awb-sticky awb-sticky-small awb-sticky-medium awb-sticky-large fusion_builder_column_1_4 1_4 fusion-flex-column fusion-no-small-visibility fusion-no-medium-visibility\" style=\"--awb-bg-size:cover;--awb-width-large:25%;--awb-margin-top-large:0px;--awb-spacing-right-large:10px;--awb-margin-bottom-large:0px;--awb-spacing-left-large:5px;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:5px;--awb-spacing-left-medium:5px;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:5px;--awb-spacing-left-small:5px;--awb-sticky-offset:110px;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-row\"><div class=\"fusion-widget fusion-widget-element fusion-widget-area fusion-content-widget-area wpWidget-1 fusion_widget_vertical_menu no-divider-color\" style=\"--awb-fusion-border-size:0px;--awb-fusion-border-style:solid;\"><div class=\"widget avada_vertical_menu\"><style>#fusion-vertical-menu-widget-avada-vertical-menu-widget-1-nav ul.menu li a {font-size:14px;}<\/style><nav id=\"fusion-vertical-menu-widget-avada-vertical-menu-widget-1-nav\" class=\"fusion-vertical-menu-widget fusion-menu hover left no-border\" aria-label=\"Secondary Navigation: \"><ul id=\"menu-companyeng\" class=\"menu\"><li id=\"menu-item-20482\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-20482\"><a href=\"https:\/\/trastor.gr\/en\/company-2\/\"><span class=\"link-text\"> Company<\/span><span class=\"arrow\"><\/span><\/a><\/li><li id=\"menu-item-20439\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-20439\"><a href=\"https:\/\/trastor.gr\/en\/company-2\/value-creation-purpose\/\"><span class=\"link-text\"> Value Creation<\/span><span class=\"arrow\"><\/span><\/a><\/li><li id=\"menu-item-20440\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-20440\"><a href=\"https:\/\/trastor.gr\/en\/company-2\/regulatory-framework\/\"><span class=\"link-text\"> Regulatory Framework<\/span><span class=\"arrow\"><\/span><\/a><\/li><li id=\"menu-item-20441\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-20441\"><a href=\"https:\/\/trastor.gr\/en\/company-2\/mission-investment-strategy\/\"><span class=\"link-text\"> Investment Strategy<\/span><span class=\"arrow\"><\/span><\/a><\/li><li id=\"menu-item-20442\" class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-20442\"><a href=\"https:\/\/trastor.gr\/en\/company-2\/senior-management\/\"><span class=\"link-text\"> Senior Management<\/span><span class=\"arrow\"><\/span><\/a><\/li><\/ul><\/nav><\/div><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_3_4 3_4 fusion-flex-column fusion-flex-align-self-flex-start\" style=\"--awb-padding-right:20px;--awb-padding-left:20px;--awb-bg-size:cover;--awb-width-large:75%;--awb-margin-top-large:0px;--awb-spacing-right-large:20px;--awb-margin-bottom-large:0px;--awb-spacing-left-large:5px;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:5px;--awb-spacing-left-medium:5px;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:5px;--awb-spacing-left-small:5px;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-row\"><div class=\"fusion-text fusion-text-2\" style=\"--awb-content-alignment:left;--awb-font-size:22px;--awb-text-font-family:&quot;Commissioner&quot;;--awb-text-font-style:normal;--awb-text-font-weight:600;\"><p><strong>Institutional Framework<\/strong><\/p>\n<\/div><div class=\"fusion-text fusion-text-3\" style=\"--awb-content-alignment:justify;\"><p>The Company is a Real Estate Investment Company (REIC) and operates under the provisions of Articles 40\u201360 of Law 5193\/2025, as well as the provisions of Law 4548\/2018 on the \u201cReform of the Law on Soci\u00e9t\u00e9s Anonymes\u201d, Law 4706\/2020 on \u201cCorporate Governance of Soci\u00e9t\u00e9s Anonymes\u201d and Law 4209\/2013 on \u201cAlternative Investment Fund Managers\u201d, as in force.<br \/>\nIt is active in Real Estate Investments, deposits, and money market instruments, as this activity constitutes its exclusive purpose under Article 46 of Law 5193\/2025, as amended. The exercise of any other activity\u2014either as a primary or secondary purpose\u2014is not permitted, except for carrying out necessary acts for the exploitation of its assets, in accordance with paragraph 7 of Article 41 of Law 5193\/2025, which constitute part of its portfolio.<\/p>\n<p>The Company is supervised by the Hellenic Capital Market Commission (HCMC), which granted it its operating license No. 5\/266\/14.03.2003.<br \/>\nFurthermore, by decision No. 740\/26.11.2015 of the Board of Directors of the HCMC, the Company was granted a license to operate as an internally managed Alternative Investment Fund (AIF), pursuant to paragraph 1(b) of Article 5 of Law 4209\/2013.<\/p>\n<p>The Company\u2019s regulatory framework is further supplemented by stock market legislation and the corporate governance policies applicable to listed companies, as well as the regulatory provisions issued by supervisory authorities.<\/p>\n<\/div><div class=\"fusion-text fusion-text-4\" style=\"--awb-content-alignment:left;--awb-font-size:22px;--awb-margin-top:40px;--awb-text-font-family:&quot;Commissioner&quot;;--awb-text-font-style:normal;--awb-text-font-weight:600;\"><p><strong>Greek REIC requirements<\/strong><\/p>\n<\/div><div class=\"fusion-text fusion-text-5\" style=\"--awb-content-alignment:justify;\"><p><strong>Investments in Real Estate<\/strong><\/p>\n<ul>\n<li>At least 70% of the REIC Group\u2019s assets must be invested in real estate and\/or in rights, shares or units in real estate, i.e., in investments included in paragraph 1 of Article 46 of Law 5193\/2025.<\/li>\n<li>The REIC may also invest in finance lease rights, surface rights, acquisition claims based on pre-contracts, and in shares of companies with the purpose of investing in real estate, under the terms and conditions of Law 5193\/2025.<\/li>\n<li>Capital expenditures (capex) for the development of real estate assets shall not exceed 40% of the total investments of the REIC Group in real estate.<\/li>\n<li>The value of each property, at the time of acquisition or completion, may not exceed 1\/3 of the total value of the REIC Group\u2019s real estate investments.<\/li>\n<\/ul>\n<p><strong>Profit Distribution \/ Borrowing<\/strong><\/p>\n<ul>\n<li>The REIC is obliged to distribute annually to its shareholders at least 50% of its annual net distributable profits.<\/li>\n<li>Gains from the sale of properties (capital gains) may be excluded from distribution or partially distributed.<\/li>\n<li>Borrowing and the granting of credit to the REIC by credit institutions is allowed for amounts not exceeding 75% of its assets, for both the acquisition and the exploitation of the properties in which the company\u2019s funds have been invested.<\/li>\n<\/ul>\n<p><strong>Special Provisions<\/strong><\/p>\n<ul>\n<li>The minimum share capital of the REIC is \u20ac40,000,000 and may consist of contributions in:\n<ul>\n<li>Cash<\/li>\n<li>Real Estate<\/li>\n<li>Money Market Instruments<\/li>\n<li>Shares in Soci\u00e9t\u00e9 Anonymes with the sole purpose of acquiring, managing, and exploiting real estate<\/li>\n<\/ul>\n<\/li>\n<li>REIC shares must be registered.<\/li>\n<li>Any amendment to the Articles of Association, as well as any increase in the share capital, requires prior approval by the Hellenic Capital Market Commission.<\/li>\n<li>The valuation of the REIC\u2019s investments is carried out semi-annually by an independent valuer appointed by the Annual General Meeting of the Company, along with the statutory auditor.<br \/>\nThe semi-annual investment statement is audited by a certified auditor or audit firm (under Law 4449\/2017) and is submitted to the HCMC and published on the Company\u2019s and stock exchange websites where its shares are listed.<\/li>\n<li>The REIC is headquartered in Greece.<\/li>\n<\/ul>\n<\/div><div class=\"fusion-text fusion-text-6\" style=\"--awb-content-alignment:left;--awb-font-size:22px;--awb-margin-top:40px;--awb-text-font-family:&quot;Commissioner&quot;;--awb-text-font-style:normal;--awb-text-font-weight:600;\"><p><strong>Greek REIC\u2019s Tax Regime<\/strong><\/p>\n<\/div>\n<div class=\"table-1 fusion-no-small-visibility\">\n<table width=\"100%\">\n<thead>\n<tr>\n<td colspan=\"2\">\n<h3>Tax efficient structure<\/h3>\n<\/td>\n<\/tr>\n<tr>\n<td>Income Tax:<\/td>\n<td>REICs are subject to tax at a rate equal to 10% of the European Central Bank\u2019s prevailing intervention rate (Reference Rate), increased by one percentage point, calculated on the average value of their investments plus cash equivalents, at current prices, as reported in their semi-annual investment statements.<\/td>\n<\/tr>\n<tr>\n<td>Tax Prepayment:<\/td>\n<td>0.0%<\/td>\n<\/tr>\n<tr>\n<td>Capital Gains Tax on Property Sales:<\/td>\n<td>0.0%<\/td>\n<\/tr>\n<tr>\n<td>Withholding Tax on Distributed Dividends:<\/td>\n<td>0.0%<\/td>\n<\/tr>\n<tr>\n<td>Property Ownership Tax:<\/td>\n<td>A REIC is subject to both the Basic and the Supplementary Real Estate Ownership Tax (ENFIA \u2013 Unified Real Estate Ownership Tax). The Supplementary ENFIA is levied at a rate of 0.55% of the total taxable value of the Company&#8217;s property rights relating to real estate assets that are not owner-occupied. For tax calculation purposes, the property value is determined based on the objective valuation system established under Greek tax legislation.<\/td>\n<\/tr>\n<tr>\n<td>Real Estate transfer Tax:<\/td>\n<td>0.0%<\/td>\n<\/tr>\n<\/thead>\n<\/table>\n<\/div>\n<div class=\"fusion-builder-row fusion-builder-row-inner fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"--awb-flex-grow:0;--awb-flex-grow-medium:0;--awb-flex-grow-small:0;--awb-flex-shrink:0;--awb-flex-shrink-medium:0;--awb-flex-shrink-small:0;width:calc( 100% + 10px ) !important;max-width:calc( 100% + 10px ) !important;margin-left: calc(-10px \/ 2 );margin-right: calc(-10px \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-0 fusion_builder_column_inner_1_1 1_1 fusion-flex-column fusion-no-medium-visibility fusion-no-large-visibility\" style=\"--awb-padding-top:10px;--awb-padding-right:10px;--awb-padding-bottom:10px;--awb-padding-left:10px;--awb-bg-color:#f6f6f6;--awb-bg-color-hover:#f6f6f6;--awb-bg-size:cover;--awb-border-color:#dcdcdc;--awb-border-top:1px;--awb-border-right:1px;--awb-border-bottom:1px;--awb-border-left:1px;--awb-border-style:solid;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:5px;--awb-margin-bottom-large:0px;--awb-spacing-left-large:5px;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:5px;--awb-spacing-left-medium:5px;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:5px;--awb-spacing-left-small:5px;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-7\"><p>Income Tax: REICs are subject to tax at a rate equal to 10% of the European Central Bank\u2019s prevailing intervention rate (Reference Rate), increased by one percentage point, calculated on the average value of their investments plus cash equivalents, at current prices, as reported in their semi-annual investment statements.<\/p>\n<\/div><\/div><\/div><\/div><div class=\"fusion-builder-row fusion-builder-row-inner fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"--awb-flex-grow:0;--awb-flex-grow-medium:0;--awb-flex-grow-small:0;--awb-flex-shrink:0;--awb-flex-shrink-medium:0;--awb-flex-shrink-small:0;width:calc( 100% + 10px ) !important;max-width:calc( 100% + 10px ) !important;margin-left: calc(-10px \/ 2 );margin-right: calc(-10px \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-1 fusion_builder_column_inner_1_1 1_1 fusion-flex-column fusion-no-medium-visibility fusion-no-large-visibility\" style=\"--awb-padding-top:10px;--awb-padding-right:10px;--awb-padding-bottom:10px;--awb-padding-left:10px;--awb-bg-size:cover;--awb-border-color:#dcdcdc;--awb-border-top:0px;--awb-border-right:1px;--awb-border-bottom:1px;--awb-border-left:1px;--awb-border-style:solid;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:5px;--awb-margin-bottom-large:0px;--awb-spacing-left-large:5px;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:5px;--awb-spacing-left-medium:5px;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:5px;--awb-spacing-left-small:5px;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-8\"><p>Tax Prepayment: 0.0%<\/p>\n<\/div><\/div><\/div><\/div><div class=\"fusion-builder-row fusion-builder-row-inner fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"--awb-flex-grow:0;--awb-flex-grow-medium:0;--awb-flex-grow-small:0;--awb-flex-shrink:0;--awb-flex-shrink-medium:0;--awb-flex-shrink-small:0;width:calc( 100% + 10px ) !important;max-width:calc( 100% + 10px ) !important;margin-left: calc(-10px \/ 2 );margin-right: calc(-10px \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-2 fusion_builder_column_inner_1_1 1_1 fusion-flex-column fusion-no-medium-visibility fusion-no-large-visibility\" style=\"--awb-padding-top:10px;--awb-padding-right:10px;--awb-padding-bottom:10px;--awb-padding-left:10px;--awb-bg-color:#f6f6f6;--awb-bg-color-hover:#f6f6f6;--awb-bg-size:cover;--awb-border-color:#dcdcdc;--awb-border-top:0px;--awb-border-right:1px;--awb-border-bottom:1px;--awb-border-left:1px;--awb-border-style:solid;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:5px;--awb-margin-bottom-large:0px;--awb-spacing-left-large:5px;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:5px;--awb-spacing-left-medium:5px;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:5px;--awb-spacing-left-small:5px;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-9\"><p>Capital Gains Tax on Property Sales: 0.0%<\/p>\n<\/div><\/div><\/div><\/div><div class=\"fusion-builder-row fusion-builder-row-inner fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"--awb-flex-grow:0;--awb-flex-grow-medium:0;--awb-flex-grow-small:0;--awb-flex-shrink:0;--awb-flex-shrink-medium:0;--awb-flex-shrink-small:0;width:calc( 100% + 10px ) !important;max-width:calc( 100% + 10px ) !important;margin-left: calc(-10px \/ 2 );margin-right: calc(-10px \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-3 fusion_builder_column_inner_1_1 1_1 fusion-flex-column fusion-no-medium-visibility fusion-no-large-visibility\" style=\"--awb-padding-top:10px;--awb-padding-right:10px;--awb-padding-bottom:10px;--awb-padding-left:10px;--awb-bg-size:cover;--awb-border-color:#dcdcdc;--awb-border-top:0px;--awb-border-right:1px;--awb-border-bottom:1px;--awb-border-left:1px;--awb-border-style:solid;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:5px;--awb-margin-bottom-large:0px;--awb-spacing-left-large:5px;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:5px;--awb-spacing-left-medium:5px;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:5px;--awb-spacing-left-small:5px;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-10\"><p>Withholding Tax on Distributed Dividends: 0.0%<\/p>\n<\/div><\/div><\/div><\/div><div class=\"fusion-builder-row fusion-builder-row-inner fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"--awb-flex-grow:0;--awb-flex-grow-medium:0;--awb-flex-grow-small:0;--awb-flex-shrink:0;--awb-flex-shrink-medium:0;--awb-flex-shrink-small:0;width:calc( 100% + 10px ) !important;max-width:calc( 100% + 10px ) !important;margin-left: calc(-10px \/ 2 );margin-right: calc(-10px \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-4 fusion_builder_column_inner_1_1 1_1 fusion-flex-column fusion-no-medium-visibility fusion-no-large-visibility\" style=\"--awb-padding-top:10px;--awb-padding-right:10px;--awb-padding-bottom:10px;--awb-padding-left:10px;--awb-bg-color:#f6f6f6;--awb-bg-color-hover:#f6f6f6;--awb-bg-size:cover;--awb-border-color:#dcdcdc;--awb-border-top:0px;--awb-border-right:1px;--awb-border-bottom:1px;--awb-border-left:1px;--awb-border-style:solid;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:5px;--awb-margin-bottom-large:0px;--awb-spacing-left-large:5px;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:5px;--awb-spacing-left-medium:5px;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:5px;--awb-spacing-left-small:5px;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-11\"><p>Property Ownership Tax:\tA REIC is subject to both the Basic and the Supplementary Real Estate Ownership Tax (ENFIA \u2013 Unified Real Estate Ownership Tax). The Supplementary ENFIA is levied at a rate of 0.55% of the total taxable value of the Company\u2019s property rights relating to real estate assets that are not owner-occupied. For tax calculation purposes, the property value is determined based on the objective valuation system established under Greek tax legislation.<\/p>\n<\/div><\/div><\/div><\/div><div class=\"fusion-builder-row fusion-builder-row-inner fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"--awb-flex-grow:0;--awb-flex-grow-medium:0;--awb-flex-grow-small:0;--awb-flex-shrink:0;--awb-flex-shrink-medium:0;--awb-flex-shrink-small:0;width:calc( 100% + 10px ) !important;max-width:calc( 100% + 10px ) !important;margin-left: calc(-10px \/ 2 );margin-right: calc(-10px \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-5 fusion_builder_column_inner_1_1 1_1 fusion-flex-column fusion-no-medium-visibility fusion-no-large-visibility\" style=\"--awb-padding-top:10px;--awb-padding-right:10px;--awb-padding-bottom:10px;--awb-padding-left:10px;--awb-bg-size:cover;--awb-border-color:#dcdcdc;--awb-border-top:0px;--awb-border-right:1px;--awb-border-bottom:1px;--awb-border-left:1px;--awb-border-style:solid;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:5px;--awb-margin-bottom-large:0px;--awb-spacing-left-large:5px;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:5px;--awb-spacing-left-medium:5px;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:5px;--awb-spacing-left-small:5px;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-12\"><p>Withholding Tax on Distributed Dividends: 0.0%<\/p>\n<\/div><\/div><\/div><\/div><div class=\"fusion-builder-row fusion-builder-row-inner fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"--awb-flex-grow:0;--awb-flex-grow-medium:0;--awb-flex-grow-small:0;--awb-flex-shrink:0;--awb-flex-shrink-medium:0;--awb-flex-shrink-small:0;width:calc( 100% + 10px ) !important;max-width:calc( 100% + 10px ) !important;margin-left: calc(-10px \/ 2 );margin-right: calc(-10px \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column_inner fusion-builder-nested-column-6 fusion_builder_column_inner_1_1 1_1 fusion-flex-column fusion-no-medium-visibility fusion-no-large-visibility\" style=\"--awb-padding-top:10px;--awb-padding-right:10px;--awb-padding-bottom:10px;--awb-padding-left:10px;--awb-bg-color:#f6f6f6;--awb-bg-color-hover:#f6f6f6;--awb-bg-size:cover;--awb-border-color:#dcdcdc;--awb-border-top:0px;--awb-border-right:1px;--awb-border-bottom:1px;--awb-border-left:1px;--awb-border-style:solid;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:5px;--awb-margin-bottom-large:0px;--awb-spacing-left-large:5px;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:5px;--awb-spacing-left-medium:5px;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:5px;--awb-spacing-left-small:5px;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-13\"><p>Real Estate transfer Tax: 0.0%<\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-4 fusion_builder_column_1_1 1_1 fusion-flex-column fusion-no-large-visibility\" style=\"--awb-padding-left:30px;--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:30px;--awb-spacing-right-large:10px;--awb-margin-bottom-large:0px;--awb-spacing-left-large:5px;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:5px;--awb-spacing-left-medium:5px;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:5px;--awb-spacing-left-small:5px;\" data-scroll-devices=\"small-visibility,medium-visibility,large-visibility\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-row\"><div class=\"fusion-widget fusion-widget-element fusion-widget-area fusion-content-widget-area wpWidget-2 fusion_widget_vertical_menu no-divider-color\" 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