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.
As pocket parks are described small green areas that are developed in unstructured and abandoned spaces within urban areas.
The property used to house the first ever Plaisio Computers store and the AETIOS ANONYMI KTIMATIKI ETERIA is considered the property's debtor.
The Minister of Development and Investments Adonis Georgiadis has commented on the transition of operations to the new management.
The study was prepared by the Department of Urban Reconstruction Studies and Projects of the Ministry of Environment and Energy.
The project refers to an area of approximately 300 thousand square meters at the northwest end of the Park.