NBG Pangaea swings from losses to gains

Greek real estate company NBG Pangaea has announced a 4 percent increase to its turnover in the first half of the year, reaching 57.3 million euros against 55 million a year earlier.

Its losses of 21.1 million euros in H1 of 2015 turned into gains of 21 million this year.

This year alone the National Bank subsidiary has implemented investments of 10.6 million euros, acquiring six major commercial properties.