30 Mar 2026

Premia Properties unveils over €110M investment program through 2027

  • Ειρήνη Θεοφανίδου

Premia Properties is implementing a significant investment and development program for the 2026–2027 period, undertaking a series of projects in sectors such as tourism, logistics/retail, and student housing, with a total budget exceeding €110 million.

As stated by the company’s management during an Investor Meeting, its investment portfolio is characterized by diversification and strategic positioning, with the core sectors — hospitality, logistics, and commercial real estate — accounting for approximately 75% of total investments.

Regarding upcoming projects, a central focus of the investment plan is the redevelopment of two hotel properties in Kos, Gaia Palace and Gaia Royal, with a combined capacity of 466 rooms. The properties, located in the Mastichari area, were acquired at the end of 2025 and the beginning of 2026, respectively, with a total investment estimated at €73 million. The project involves a complete upgrade and market repositioning of the units, with completion targeted for 2027, further strengthening the company’s presence in the rapidly growing hospitality sector.

Commercial Property Development
In parallel, the company is developing a new retail/big-box commercial property of approximately 2,200 sq.m. on Varis–Koropiou Avenue. The project, with a budget of €5 million, is expected to be completed within 2026 and is part of the strategy to enhance the commercial property portfolio with modern, high-visibility infrastructure.

Particular attention is also given to the development of Tesla’s new office complex in Attica, which will serve as both the company’s corporate headquarters and a dealership for the Greek market, representing a landmark project for the group.

In the alternative real estate sector, Premia is accelerating its strategy in student housing by acquiring and redeveloping six buildings into modern student accommodation units. The total investment amounts to €36 million, with projects located in cities including Xanthi, Ioannina, Patras, Attica, Volos, and Rhodes. The properties, with a total capacity of approximately 400 rooms, are expected to be delivered by September 2026 and will be operated under Unity Smart Living, utilizing funding from the Recovery Fund.

This investment program reflects Premia’s strategy to further diversify its portfolio, focusing on high-demand and high-growth sectors such as tourism and organized student housing, while simultaneously strengthening the generation of stable and recurring income.

Premia’s business model remains simple and transparent, as the company operates exclusively as a property owner without direct involvement in operations. This approach, combined with a quality tenant mix and long-term leases, ensures stable cash flows and high revenue visibility.

Growth in 2025
For Premia, 2025 was a year of significant growth, continuing the consistent implementation of its business plan. The company further expanded its portfolio, enhancing its presence in strategic sectors such as hotels and student housing.

Total investments reached €692 million, representing a 39% increase, while total revenues rose by 68% and operating profitability by 71% compared to 2024. Regarding prospects for 2026, management anticipates another year of strong performance and growth, confirming the strategic focus on sectors where the company already has an established presence.




By browsing this website, you agree to our privacy policy.
I Agree