PRODEA Investments acquired RE assets in Athens for €16.9 m

More specifically, PRODEA has acquired an office complex of a total surface of 7,137.32 sqm, located at 72, Ethnikis Antistaseos Str, in Chalandri, in the northern suburbs of Athens and in proximity to Kifissias Avenue (the main prime office avenue in Athens), and a mixed use building, consisting of offices and retail units, of a total surface of 1,892.12 sqm, located at 44-46, Amphiaraou Str, near the centre of Athens.

According to the announcement, the office complex in Chalandri features a listed building of 943.97 sqm, operationally connected to a modern office structure of a total surface 6,193.35 sqm, combining seven decades of architectural evolution and two distinct eras of design into prime corporate headquarters with neoclassical and contemporary features. The complex was fully refurbished in 2019 and can accommodate a single user or multiple tenants. It  is  easily  accessible  via central  avenues  and  public  transportation  and  boasts  a spacious garden area of 2,000 sqm that can cater to the needs of corporate events.

As part of the same transaction, PRODEA also acquired a  mixed  use  building,  consisting  of offices  and retail  units,  of  a  total  surface  of 1,829.12sqm,  located  in  the Municipality  of Athens.  The property is easily accessible via Lenorman Str, which connects the National Highway Athinon–Lamias to the centre of Athens.  It was refurbished in 2010 and has additional building potential.

Original Source: BusinessDaily.gr

Adaptation/Summary: Kiki Athanasiadis

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