Prodea inks the concession agreement for Piraeus Tower
Prodea inks the concession agreement for Piraeus Tower
  Deals  |  REIC  |  Mixed Use  |  Athens-Pireaus-Attica

Prodea inks the concession agreement for Piraeus Tower

PiraeusTower is the second tallest building in the wider region of Attica.
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RE+D magazine
07.07.2020

Prodea Investments and Cante Holdings Ltd announce the signing of the 99 year concession for Piraeus Tower, one of the most emblematic commercial buildings in Piraeus, the largest port in Greece and South eastern Mediterranean.

The concession has been granted by the Municipality of Piraeus to Piraeus  Tower  S.A.,  a  joint  venture  between  Prodea  Investments  and  Cante  Holdings,for an initial annual consideration of €1,010,000.

Prodea Investments holds a 30% stake in Piraeus Tower S.A. whereas Cante Holdings Ltd holds 70%.

Cante Holdings Ltd is a joint venture between Dimand Group (65%) and EBRD(35%).

PiraeusTower is the second tallest building in the wider region of Attica. 

It is an iconic 24-story building overlooking the largest port of Greece.