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Court case filed against Plaza Centers unit in Greece

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Court case filed against Plaza Centers unit in Greece

A legal claim seeking €2.96 million was filed in Greek courts against a subsidiary of emerging markets real estate developer Plaza Centers NV over a controversial 2010 agreement.

The undisclosed third party that filed the claim against Helios Plaza AE also sought an injunction with respect to a land asset held by the subsidiary in Athens.

Plaza Centers said it is evaluating the claim with its legal advisers and plans to respond in due time.