Lamda Development traded at 6.12 this Friday April 24th. Looking back, over the last four weeks, Lamda Development lost 2.00 percent. Over the last 12 months, its price fell by 8.66 percent. Looking ahead, we forecast Lamda Development to be priced at 5.91 by the end of this quarter and at 5.34 in one year, according to Trading Economics global macro models projections and analysts expectations.
Lamda Development SA is a Greece-based company engaged, together with its subsidiaries, in the investment, development, leasing and maintenance of real estate projects. The Company operates in Greece, as well as in other neighboring Balkan countries mainly Romania, Bulgaria, Serbia and Montenegro. The Company’s development portfolio includes: commercial and leisure centers, The Mall Athens and Golden Hall in Athens and Mediterranean Cosmos in Thessaloniki, office buildings, residential complexes and Flisvos Marina in Faliro. Its subsidiaries include: LAMDA Estate Development SA, LAMDA Prime Properties SA, LAMDA Erga Anaptyxis SA, LAMDA Domi SA, LD Trading SA, LAMDA Leisure SA and GEAKAT SA, among others.