Prodea Investments acquires real estate assets in Maroussi
The total investment will be in the region of €35m and will be funded by the proceeds of the green bond that PRODEA issued in July 2021.
PRODEA Investments announced the acquisition of five adjacent plots in Maroussi, northern Athens, of a total area of 10,433.50 sqm (with a mixed use building of 4,172 sqm), which are enclosed by Kifissias Avenue and Dionyssou Street.
Through this acquisition and following the demolition of the existing building, PRODEA
aims to develop and exploit a modern “green” office complex which is expected to receive
a LEED Gold certification (as a minimum) and will comprise two functionally independent
buildings with a total area exceeding 17,000 sqm.
The total investment will be in the region of €35m and will be funded by the proceeds of the green bond that PRODEA issued in July 2021.
This investment is situated at a prime location, next to the junction of Kifissias Avenue and Attiki Odos and the Kifissias station of the suburban railway and at close proximity to the Golden Hall mall.
It offers easy access both via the main arteries and
public transport, complimenting PRODEA’s already existing investments at the Northern
Athens business district (indicatively the recently completed element, which is expected to
receive a LEED Gold certification, and ILIDA business Center).
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