In Athens, the total space for industrial production, traditional warehouses, and 3PL is estimated at 3.5 million sqm.

Various factors will drive occupier activity in 2025 according to Savills.

The project reflects PATRIZIA’s commitment to delivering on its new mid-term strategy to become a EUR 100bn real assets investment manager by 2030.

The first phase will involve a EUR 150 million investment.

The completion of the significant €180 million project is expected by 2027.

The assets, representing 130,000sqm.