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

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.