
The company is expected to make a profit of 10 million euros. Real estate demand from the sale of an office building, which is currently being developed on the street. Kifisias 65 and which the group has agreed to lease for the next 10 years (with the right to renew for the next 10 years) PriceWaterHouseCoopers. As it became known yesterday, Dimand reached an agreement with his group Eurobank for the sale of an office building in the amount of 74.4 million euros. In fact, this is the largest sale of a single office building, an example of the significant influence that green offices have acquired among real estate investors.
Dimand’s management has already announced a corresponding development since the presentation of the investment in July last year. “Given that the building has a guaranteed rental income for at least 10 years, in the coming months we will begin the process of finding a buyer-investor, as we do not want to be active in the field of real estate exploitation. “, said Mr. Dimitris Andriopoulos, managing director of the listed company at the time. It is recalled that PwC agreed to lease the building at a monthly price of 26 euros/sq.m. Dimand has been following the area since 2007, at least four times submitting buyout offers to the owner, the António family (builders of the house) Finally, her efforts paid off at the end of 2021.
The projects are due to be completed in the first half of 2024, when the sale of the office building to the Eurobank group in the amount of 74.4 million euros is completed.
The complex itself includes two “twins” of bioclimatic office buildings with a total area of 11,000 sq.m., i.e. 5,500 sq.m. every. The total area of the property, including basements, is 24,500 sq.m. PwC plans to consolidate the services that are currently housed in three different buildings. At the same time, Marios Psaltis, managing director of the multinational group in Greece, noted that “the new offices serve the goal that we have set – to become a climate neutral company by 2030.” He said there are larger common areas (inside and outside) as well as specially configured shared hospitality areas for clients, partners, as well as educational institutions, research programs, etc. The work should be completed in the first half of 2024. when the sale of the office building to the Eurobank group is completed.
At the same time, three more Dimand investments with a total estimated amount of 280 million euros are at the start during this period. These are two redevelopment projects of former industrial sites, namely “Athen Paper” in Votanikos and “Valkan Export” in Thessaloniki, as well as the reconstruction and operational modernization of the iconic complex “Mignon” in the center of Athens. A business park of office buildings is being developed at the Botanikos site, using a significant portion of the existing buildings, with the exception of those that have suffered irreparable fire damage in the past. On an area of 80 acres, it is planned to create about 50,000 sq.m. offices (superstructure area), with a total investment estimated at 120 million euros. Accordingly, it is planned to create a modern commercial logistics center on the territory of Valkan Export in Thessaloniki, with a total area of 120,000 sq.m. and amounts to 160 million euros.
Source: Kathimerini

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