The first serviced apartments project in Greece by Radisson
The first serviced apartments project in Greece by Radisson
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The first serviced apartments project in Greece by Radisson

The project developed by Gnosis Investment is expected to open in the second half of 2023.
RE+D magazine

Radisson Hotel Group inks deal for the first serviced apartments in Greece, under the Radisson Red brand.

Radisson RED Mitropoleos Square Athens opens in Athens in the second half of 2023, as the luxury hospitality brand Radisson RED enters the Greek market for the first time, upgrading Radisson's portfolio in Greece to seven properties in operation or under construction.

The project aims to transform the existing office building into apartments of sophisticated design with the possibility of providing specific services. Radisson RED Mitropoleos Square Athens will include 94 small apartments with kitchen, 150 sq.m. meeting room and gym. On the ground floor of the building there will be a restaurant overlooking the square, while the most attractive part of the building will be the roof top bar - a rooftop restaurant overlooking the Acropolis, which will operate in collaboration with a renowned chef.

The property is located in Metropolis Square, next to the Metropolis of Athens, in the neighborhood of Plaka. The location is very close to Syntagma Square and the historic center of the city, in the heart of business and nightlife, close to the commercial shops of the capital, but also to museums and art spaces. A place that attracts visitors who are in the country either for business or leisure. Radisson RED Mitropoleos Square Athens is the third property of the Radisson Hotel Group in the Greek capital.

Radisson RED is a luxury brand, which gives a new perspective to hospitality, enlivening the conventional through a relaxed atmosphere, spaces of high aesthetics and sophisticated guests. Radisson RED focuses on designing spaces that cater to the needs of guests, enabling them to easily adapt between work and leisure.

Elie Milky, Vice President Development of Radisson Hotel Group, said: "We are very proud of our partnership with real estate company Gnosis Investments, bringing the Radisson RED brand to the historic center of Athens. The project fills the existing gap in the Greek market, while at the same time paving the way for new investments by funds. The project will consolidate the position of Radisson Hotel Group’s in the Greek market, while our development strategy continues with the immediate goal of the company becoming one of the most powerful players in the international market. We thank our partners for their trust. "

Petros Politis, co-founder & CEO of Gnosis Investment commented: "Our goal is to create one of the most beautiful buildings in Athens, where luxury and the creative element will dominate. Developing the part of short-term rent in Greece and offering a complete experience, we want to give a new breath to the city. We are very proud of our collaboration with Radisson Hotel Group in this unique project. "

Gnosis Investments is a private real estate investment and management company. Epacron S.A., one of the leading companies in the field of construction, is the one selected for the construction of the project.