The initial bid for the competition has been established at €15,000, with the lease term set at a duration of twenty (20) years.

The contract, which concerns the Western Attica region, is valued at €24.87 million.

The tower’s foundation was constructed using a pioneering method applied for the first time in Greece.

The plan proposes the reclassification of land uses along major thoroughfares from “pure residential” to “general residential”.

Construction works are scheduled to begin in 2026 and are expected to be completed by mid-2027.

According to the CEO, the project encountered significant challenges, including extensive bureaucracy, complex licensing procedures, and the lasting repercussions of the decade-long economic crisis.

The Company’s new shares will be listed and tradable on the Athens Stock Exchange as of 4 July 2025.

What developments are planned for the Southern Suburbs, and which projects currently face financing uncertainties.

Rapid rental recovery is being observed in office spaces across European city centers.