The Gross Asset Value of McArthurGlen Designer Outlet Athens amounts to c.€109m, as per the independent valuation by CBRE Axies as of 31.12.2021.
The transaction remains subject to receiving the necessary approvals.
The project will be developed in the premises of the Hellenic Aviation Industry (H.A.V.).
Polygreen acquires a fleet of approximately 70 collection vehicles through this deal.
Magma Resort Santorini is scheduled to open its doors on August 10, 2022, as part of The Unbound Collection by Hyatt and features 59 rooms, including 24 suites.
The seed portfolio will comprise c. 28,400 sq ft of new, high-quality space.
The developments will be completed in the first quarter of 2025.
The portfolio consists predominantly of legacy non-performing loans.
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2025 ANNUAL EDITION
2025 ANNUAL EDITIONGreek CRE at a glanceA change of scaleTOURISM: Expansion, Delays, and Strategic Moves HOUSING: International investors in the Greek market OFFICE: Partnering for success RETAIL: …
