Strong investment interest from firms in the hotel sector for the Bodosakis Mansion
Strong investment interest from firms in the hotel sector for the Bodosakis Mansion

Strong investment interest from firms in the hotel sector for the Bodosakis Mansion

The historic property with a total area of 12,819 m2, which used to house Eurobank's headquarters in recent years, remains vacant.
RE+D magazine
20.07.2023

Intense investment inrest from companies mainly from the hotel sector from Greece and abroad, in the first phase of the tender for the long-term lease of one of the most important buildings in Athens. The Bodosakis Mansion, on behalf of the Bodosakis Foundation, by the well-known consulting company Savills Hellas, was completed with a few days' extension.

The historic property with a total area of 12,819 m2, which used to house Eurobank's headquarters in recent years, remains vacant until the end of the year after the bank will move to its new offices.

Based on the declaration, the process will take place in two phases. The first one that has been completed concerns the submission of non-binding proposals which will be evaluated by the Bodosakeiou Committee and Savills, with the aim of announcing by the end of July who qualifies for the next phase, in which candidates will be invited to submit their final offers.

The goal is for the process to be completed by the end of the year, when the contract with the bank expires.

The six-storey office building combines classicist and modern elements and was built between the years 1949-1958, based on the plans of the architect Andreas Ploumistos, a founding member of the Hellenic Architectural Society, to house the offices of the company of Bodosakis (Prodromos Athanasiadis), one of the most important businessmen of the time.

Eurobank's employees - around 500 people - are moving into three buildings after the contract the bank had with the Bodosakeio Foundation ended. The management and part of the employees - about 100 people - will move in October to the radically renovated building of 4,500 square meters which formerly housed "Phoenix Insurance", opposite the building of the Old Parliament.TOMBAZIS_GRIVALIA3.jpg

The building was bought by Grivalia Properties in the summer of 2018 for €10 million, which then proceeded with extensive reconstruction and energy upgrading works.

The rest will be transferred to the building that until recently housed the Capital Market Commission (Stadiou and Kolokotroni) and to the building on Pesmazoglou Street (former Postal Savings Bank) in the Eurobank Hub in Nea Ionia and to the Papastratos building in Piraeus that already houses the Retail Banking Division.