Sectors

The project comprises two curving buildings, one large and one small, with gradually receding slopes.

Skyrocketing prices for building materials and falling demand for residential units are putting pressure in the market.

The tender is scheduled in the beginning of 2023 with the an initial cost estimated at around €250 million.
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Residential

The upward rally in rents, as well as the positive effects on demand, are also due to the needs emerged due to the health crisis.

The transaction amounted to €10.96 million and it has been financed through funds from Noval Property’s Green Bond.

The average Index for the twelve-month period from October 2021 to September 2022 recorded an increase of 9.8%.