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The Mall Athens

05 May 14 | RE+D Magazine


Data

Firstname
The Mall Athens
 
Adress:
Maroussi, Athens
 
GLA:
58,000 sq.m.
 
Parking Seats:
2.065
 
Year of operation:
November 2005
 
Developer:
LAMDA Olympia Village
 
Owner:
LAMDA Olympia Village, (50% HSBC Property Investments Ltd.)
 
The Mall Athens, Greece’s largest shopping and leisure centre began its operation in November 2005 and represents a milestone in Greek commercial reality, offering commercial and leisure facilities in 58,000 sq. m. of Gross Leasable Area (GLA).

The Mall Athens, Greece’s largest shopping and leisure centre began its operation in November 2005 and represents a milestone in Greek commercial reality, offering commercial and leisure facilities in 58,000 sq. m. of Gross Leasable Area (GLA).


The large number of shops, combined with the multiple dining and leisure areas, easy and well protected parking areas, full-scale management services as well as direct and easy access to major highway routes and public transport have made The Mall Athens the perfect destination for the whole family. The Mall Athens is constantly organizing various events for the whole family, thus making the center one of the hottest spots in Athens for shopping and entertainment, offering a unique lifestyle experience to its consumers. Due to its location, modern architectural design and support services, The Mall Athens offers customers easy, pleasant and safe visit so that they can choose what they want easily and effectively. The Mall Athens is built on five levels of commercial use and three levels of underground parking space. It comprises 195 stores, including the most significant Greek and international brands, and offers 25 restaurants and cafes, a state-of-the-art 15-screen cinema complex, a multitude of support services and 2,065 parking spaces. 

The investment value of the commercial and leisure centre was €320 million, while its current fair market value stands at €435 million. This is considered to be one of the largest private real estate investments ever implemented in Greece. The investment has created approximately 2,500 new jobs.
ECE-LAMDA Hellas, a specialist in the management of shopping centres, has undertaken the management of the centre. 

HSBC Property Investments Ltd has a 50% share in LAMDA Olympia Village, owner of The Mall Athens. 

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