In agreement with Parexinia Bank she proceeded Demand Real Estate regarding the sale of a bioclimatic office building, with an area of 5,170 sq.m., which is already developing on a property adjacent to the Hub 26 office complex in west Thessaloniki. It is a deal worth 16 million euros, while the new building is due to be delivered in the first months of 2025.
As it became known at yesterday’s event, the Greek State will contribute an amount of 10 million euros for the housing of Parexinia Bank, which will acquire a privately owned building for the first time since its foundation in 1999. In fact, as the company’s executives reported yesterday, from this agreement will also ensure a 50% reduction in annual operating costs, as the new building will be green, offering much lower energy consumption. To date Parexinia Bank, which is based in Thessaloniki, has financed 430 projects in 11 countries, with a total of 7.35 billion euros in loans.
According to Dimitris Andriopoulos, managing director of Dimand, from June until this September, Dimand will deliver 16,000-17,000 sq.m. of modern office buildings in western Thessaloniki, as the construction of the Hub 26 complex, located directly opposite the Fix property, is expected to be completed (in parts). The complex in question is to be acquired by Prodea Investmentswhich also participates in this particular investment.
To date, Dimand has invested 100 million euros in Thessaloniki (in collaboration with Piraeus Bank and Alpha Bank), as in addition to the above investments it has also acquired the former Fix factory and the former Balkan property. The developments of these properties are in their early stages and are estimated to be completed by mid-2027 at the latest. It is an investment program totaling 400 million euros. At the same time, as Mr. Andriopoulos mentioned yesterday, Dimand is looking for other potential investment opportunities in the city of Thessaloniki. “We are looking with a specific timetable for after 2026 and new investments in Thessaloniki”, he noted. However, for now, the priority of the listed company is the maturation and completion of investments in Fix and Balkan.
In the Fix a mixed-use redevelopment is planned, which is expected to begin to be implemented towards the end of 2024, as the licensing maturation process of the property is progressing during this period. In the area of the historical property of the city, with an area of 23 acres, a multi-purpose hospitality and accommodation complex is to be created, with a total area of 46,500 sq.m. Of these, 15,500 sq.m. they will concern the utilization of the existing preserved buildings of the property, where residential uses, restaurants, some shops, mainly for basic necessities, but also a hotel are foreseen. The remaining 30,000 sq.m. will involve two new green residential buildings (LEED Gold certified), which will house mainly apartments (estimated at least 200 units), but also one more hotel.
Accordingly, on her property Balkan the development of a modern large-scale shopping center is progressing, as a total of 120,000 sq.m. will be developed. (in two phases), in an investment of more than 150 million euros.
