Ploris for the Athens Stock Exchange is expected to be installed during 2023 by all three real estate investment companies (AIEAP) that remain outside the capital market so far. Cause New property viohalco groups, Trading estates Furley groups and Orilina Real Estate investment company Brevan Howard and Mr. Trifon Natsis.

Noval Property has received an extension from the Capital Market Commission until October 15 to list its shares on the AHA exchange. The company has been planning an IPO since last year, but the deteriorating economic situation and the war in Ukraine have postponed planning for a more favorable time, possibly after the upcoming elections. Until then, the management of the company continues the necessary processes to be ready to proceed with the listing on the stock exchange within a short period of time from the date of the relevant decision.

At the end of the first half of 2022, the Viohalco group company had total assets of 600 million euros and the value of an investment property portfolio of 465 million euros, and these numbers have increased since then as it proceeded to acquire new properties in the vast territory of Amarousi. In total, Noval invested €55 million in capital in 2022, and its investment program for subsequent years is €350 million.

Foundation for Noval Property of the Viohalko group, Trade Estates of the Fourlis group and Orilina Properties.

Accordingly, Trade Estates of the Fourlis group is moving dynamically in the market, planning to list its shares on the stock exchange, perhaps even before the end of the first half of the year. The company has a €300 million portfolio and recently launched Top Parks, which will operate all of the company’s existing commercial parks and those it plans to develop in the near future. In 2022, the company invested 70 million euros, of which 64 million euros were for the purchase of new real estate. The management’s goal is to increase the value of the company’s portfolio from 286 million euros to 476 million euros by 2026 and to 700 million euros by 2028.

Trade Estates has decided to position itself strategically in the retail parks and logistics categories. The largest investment promoted by Trade Estates will involve the construction of a 30,000 sqm commercial park. in the commercial area of ​​Ellinikos. The total investment will be 70 million euros. At the same time, Trade Estates is launching three more commercial parks in Spata (9,650 sq.m.), Patras (13,900 sq.m.) and Heraklion in Crete (10,600 sq.m.) in cooperation with Ten Brinke Hellas, a real estate development company. .

Orilina Properties has succeeded in extending the listing of the company’s shares on the Athens Stock Exchange until December 14, as it has been operating since 2018. Today, the company’s portfolio includes 14 properties with a total leasable area of ​​70,000 sq. .m The cost of these objects is estimated at 96 million euros. One of the most important investments is the development of two adjacent plots of land of 72 acres in the Thessaloniki area, next to the Mediterranean Cosmos shopping center. There, he plans to build a new retail park and office building.