Prodea Investments announces the acquisition of five adjacent plots with a total area of 10,433.50 sq.m. (with existing office / residential building 4,172 sq.m.) which are enclosed by Kifissias Avenue and Dionysos Street in Maroussi.
The purpose of the acquisition is the development, after the demolition of the existing building, and the operation of a modern office complex with at least environmental LEED Gold certification, which will consist of two autonomous and functionally independent buildings with a total area of over 17,000 sq.m. The total investment is expected to be around € 35 million and will be financed by the raised funds of the green bond issued by PRODEA in July 2021.
This investment is located in a very privileged position, next to the “ring” of the junction of Kifissia Avenue with Attiki Odos and the Suburban Station “Kifissia” and near the Golden Hall, offering easy access both by road and by public transport, and is added to PRODEA’s existing investments in the northern axis and the business district of Maroussi (indicatively the newly built eLement which is expected to receive LEED Gold certification and the ILIDA Business Center).
.
Source From: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
