Papalekas starts cashing out from rents, following real estate investments of hundreds millions Euros

The results of the real estate acquisitions flow of the Greek businessman Ioannis Papalekas in Romania started to show. The operational revenue of Globalworth, its real estate vehicle (the businessman owns 36.1 pct of it), went up to EUR 33.8 million in the end of September, growing with 68 pct. compared to the same period of last year.