The purchase of the ART1 building was announced by the international real estate investment company Everty.
According to the announcement, it is a state-of-the-art office building in a prime location at 1 Artemis Street, in Maroussi, Athens.
The complete renovation of the property, delivered by the London-based architectural firm, Neiheiser Argyros, offers a sustainable and flexible working environment with a rooftop garden, according to the company, while the building provides the ideal conditions, and comfortable, home-like working spaces where modern, dynamic, international teams will be inspired to create.
In June 2020, Everty, a member of the YNV Group, announced plans to invest €100 million to acquire and develop commercial and tourism properties in Greece over the next few years.
Commitment
Mr Nikolaos Roupakas, Country Manager of Everty Greece, said: “Everty is committed to the acquisition, development and management of an exclusive portfolio of prime, commercial and tourism properties that redefine the space where employees can relax, work and excel. The ART1 building is an ideal addition to our portfolio, providing first class and top level features usually only found in larger buildings, whilst being accredited to the highest energy efficiency standards.
This purchase is a solid step towards achieving our goal of investing €100 million in the prime real estate market in Greece, supporting both the development of the local community and the prosperity of the sectors in which we operate.”
Latest News
Deadline for Postal Vote Registration Expires on Mon.
More than 157,000 Greek citizens had registered on the relevant online platform so far
Orthodox Palm Sunday Today; Shops Open in Greater Athens-Piraeus Area
Orthodox Holy Week begins on Monday, April 29, and ends on Sunday, Easter Sunday or Great and Holy Pascha (May 5)
Greek Retailers Remain Optimistic About Easter Shoppers’ Turnout
While stores are expected to be open on Sunday, April 28, the majority of Easter shoppers will likely do their shopping during the Holy Week, following the deposit of Easter bonuses
Europeche: Greek Apricot Production Recovers
Europeche forecasts the production will bounce back despite a slight decrease in varieties attributed to high winter temperatures
Bank of Greece (BoG): Business-Household Deposits Up 1,675bln in March 2024
In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros
FT: Greece’s Economic Rebound a Balance of Growth and Poverty
Eurostat data revealed a significant 10.8% drop in Greek public debt relative to GDP in 2023, alongside a 2% economic expansion, outpacing Germany's performance.
Lavrio Port Authority Next Up for Privatization
A deadline for the submission of expressions of interest is May 14, 2024
Eurostat: Greece Records Largest Drop in Natural Gas Prices in 2nd Half of 2023
The price of electricity and natural gas in Europe was down following a substantial surge that began before the Russian invasion of Ukraine and peaked in 2022
GEK TERNA Still Considers Leveraging Concessions Portfolio as Financial Tool
President and CEO of Gek Terna George Peristeris explained the company's plans on Tuesday on the sidelines of the inauguration of sections of Greece's E65 highway
NielsenIQ: 3% Supermarket Revenue Increase in Q1
Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%