New company is emerging in the Greek real estate sector

The company is jointly owned in equal parts: 50% by the Cypriot company INTRACOM OPERATIONS LIMITED, a subsidiary of INTRACOM HOLDINGS, and 50% by the Cypriot company GREEN HYDEPARK INVESTMENT LIMITED, which is wholly owned by shipping magnate Giorgos Moundreas.

Through Green Hydepark Investment Limited, Mr. Moundreas also holds an approximately 8.5% stake in Evropi Holdings, another member of the INTRACOM HOLDINGS group. He retained this stake following the company’s recent €68.3 million capital increase, contributing around €5.8 million.

Evropi Holdings was formed through the merger of KLM S.A. and INTRACOM PROPERTIES, two companies with substantial real estate portfolios. The merged entity’s assets include, among others, the group’s seven-building headquarters complex in Paiania, office spaces, an industrial property in Avdira (Xanthi), land plots in Halandri and Spata, as well as retail properties on Ermou Street.