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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 initiative significantly improves cash flow, and bring cost savings for businesses, especially for SMEs, including retailers.

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

As pocket parks are described small green areas that are developed in unstructured and abandoned spaces within urban areas.

The residents of the future apartments will have special access to the resort and the leisure and entertainment areas.