Markets
Brick Veil was the winning entry of an international competition held by the Royal Royal Institute of British Architects.
The company has a plot of 18,730 sqm. in Neos Faliro with a permit for the construction of a building complex of 57,450 sqm.
BNP analysts expect more capital to be directed towards the non-traditional asset classes and logistics in 2021.
Market analysts and other participants are now facing a high risk of a domino effect in case the real estate group collapses.
The company is warned of default risks amid plunging property sales, sending its stock and bond prices sharply lower.
In line with the building's function, the structure was designed to have a minimal impact on the environment.