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A key milestone has been reached in the redevelopment of the iconic former "FIX Brewery" facilities at the western entrance to Thessaloniki with the issuance of the Presidential Decree (Government Gazette D' 805/2024). This decree marks the activation of the site’s urban planning process, unlocking its potential for future development.
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Following its recent agreement with AKTOR and the sale of 57 properties to AKTOR REAL ESTATE, valued at approximately €600 million, Prodea Investments has completed the sale of a new real estate portfolio to Trastor. This portfolio consists of three distinguished office buildings, all fully leased under long-term lease agreements.
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The agreement for the sale of 20% of Ariadne Interconnection's shares — the company responsible for the Crete-Attica electricity interconnection — to State Grid International Development (SGID) was signed by IPTO.
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As COP29 unfolds in Baku, global attention is being paid to the urgent need to decarbonize cities and reform urban development practices. Real estate plays a critical role, intersecting both urbanization trends and the management of individual buildings. With the European Union emphasizing green infrastructure and resilient urban planning, this summit highlights strategies to reduce emissions, promote sustainability, and address climate resilience challenges.