Skyline embarks on a new stage of growth

For 2026, management has set three key objectives: to complete the acquisition of the remaining properties from Alpha Bank by 30 June 2026, accelerate asset disposals, and unlock the value of its larger investment properties.

The fair value of the Group’s investment properties stood at €215.16 million at the end of 2025, remaining virtually unchanged compared with €215.2 million at the end of 2024.

The investment property portfolio comprises two warehouse facilities, 21 office properties, and 28 retail units. Of these, four office properties are expected to undergo redevelopment and be converted into hotels, with their valuations reflecting this anticipated future use.

The value of properties held for sale amounted to €17.77 million at the end of 2025, compared with €18.44 million in 2024. These assets include 28 apartments, 20 residential properties, one industrial property, 13 office properties, and 63 retail units.

Assets classified as held for sale also declined significantly to €1.62 million, down from €7.02 million in 2024. This category comprises 10 office properties, two residential properties, and six retail units.

Overall, at the end of 2025, Skyline’s portfolio consisted of approximately 125 properties, with a further 18 assets designated for immediate sale. The company also reports that several transactions involving residential, office, and commercial properties have either been completed or are in the final stages of completion during 2026.

Skyline is gradually evolving into an active asset management platform. Its strategy focuses on acquiring properties, upgrading them, repositioning their use, and subsequently monetising them, with the ambition of establishing a new benchmark for the Greek real estate market.