The second leading real estate company is redefining growth

At a time when everything is changing, one seems certain. A new wave of development has already begun in Greece and the real estate market is, without a doubt, a leader in it. With the focus on high demand areas, the development of new office buildings, logistics centers, shopping malls, hotels and homes but also the concept of sustainability, the prospects presented by this industry has strongly attracted the attention of investors and buyers.

The big groups are already claiming a place in the vehicle of growth, having even created companies that specialize in the real estate sector. One of them is Noval Property, a subsidiary of Viohalco, which already has one of the most impressive portfolios. Viohalco has starred for over 8 decades in economic life, having inextricably linked its name with the development and modernization of Greece. So we should not be surprised that its subsidiary, Noval Property, has already won the 2nd place in the list of the largest Real Estate Investment Societes Anonymes (AEEAP), while it has 43 properties with high marketability and great differentiation, throughout the country .

You will probably have happened to cross Kifissias Avenue in Athens and admire the modern and green office building, certified at the Platinum level according to LEEDV4 for Core & Shell, The Orbit, the also green Butterfly office building in Chalandri, the River shopping center West on Kifissos Avenue, the Wyndham Grand Athens hotel, the Mare West shopping park in Corinth, or even the privileged plot of the old Kodak factory in Maroussi intended for the development of a green and highly aesthetic office complex. All this, then, is only an indicative sample of the company’s portfolio. Noval Property does not only develop buildings that incorporate “smart” technologies and “green” design, but also buildings that are characterized by high aesthetics. Buildings that reshape the appearance of the city, while upgrading its value. In addition, its portfolio is distinguished by buildings with high marketability and geographical dispersion, which shields it from possible market fluctuations.

Thus, through its activity, it contributes to the sustainable development and modernization of Greece, carefully planning each of its investments based on environmental and social sustainability. And this is not just a commitment but the very philosophy of NovalProperty. More than a real estate company, NovalProperty seeks to act as a growth cradle. Development that lives on in time and extends its benefits from the labor market to the quality of life of people and local communities. All of the above are strong elements that distinguish the company from the competition and attract international investment interest.

In addition, its investment strategy focuses on creating added value for all its stakeholders. Based on its strong capital structure, Noval Property has designed and implemented a strategic and investment development plan, with attractive prospects based, among other things, on the effective management and further utilization of its properties, on strengthening its portfolio with high quality new properties. various commercial uses and in the design and implementation of real estate development and renovation projects in modern and energy efficient facilities with international standards of sustainability, in relation to the environment and local communities.

It seeks to be a point of reference in the real estate development and investment sector and acting responsibly with respect for people, the environment and society. These are the companies that “build” steadily contributing to a more sustainable future that gives us optimism.