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Corporate Property for Development
Thessaloniki, GR

Project Code: GR21-600

This excellent located property for the development of a corporate or commercial investment is highly mature due to the issuance of all approvals and permits.

Corporate Property for Development
Thessaloniki, GR

The property is located at the former industrial area west of the center of Thessaloniki and near the commercial port just 2 km or 6 min drive from the Aristoteles Square. From the airport the distance is 16km. During the last 15 years the area is been transformed from industrial to corporate and commercial, where office building centers with commercial spaces, hotels, exhibition, cultural and multipurpose spaces have been built. The location’s area is the only possible direction where the City of Thessaloniki can be expanded.

The plot has face on three roads according the city’s town plan and its size is 8.830,50sqm. Two former industrial buildings exist on the plot.

The total existing building spaces are 6.118,00sqm (2.301,60sqm on 2 level which is under protection, since it is a listed historical building from 1917 and 1,998,00sqm build 1970 which can be demolished). The buildings are connected.

For the construction of future building spaces, the final building permission is already issued for office and commercial use. The additional building space which can be build: 18.892,20sqm. In conclusion the total building space after the completion of the development will be 21.193,20sqm.

Further possibilities given by the plot to develop in terms of use are hotel and residential spaces.

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