Home » Business » Actual property: Why giant firms and public companies transfer – 2024-06-18 21:51:32

Actual property: Why giant firms and public companies transfer – 2024-06-18 21:51:32

Sustainability, wellbeing, flexibility and inclusion. These are the traits that the highly effective firms and eventually the general public companies are on the lookout for from the buildings, therefore the large transfer to new, inexperienced places of work is at the moment underway.

It must be famous that by the tip of 2026, a minimum of 350,000 sq.m. is anticipated to be delivered within the Attica basin. of recent workplace amenities with sustainability options, as giant initiatives are within the works by the highly effective actual property gamers.

With provide operating (nonetheless) decrease than demand, high-end buildings have grow to be a robust attraction, in a number of circumstances seeing rental costs rise as a consequence of intense competitors amongst potential customers.

Ethereal, brilliant and versatile

EY Hellas will transfer into the previous Kodak manufacturing facility in Maroussi, the place Noval Property along with Brook Lane Capital is creating the brand new bioclimatic workplace advanced “The Grid” within the coming years.

The brand new workplace campus will occupy a complete constructing block on the junction of Heimarra and Amarousiou-Chalandriou streets in Marousi, and is anticipated to be handed over within the first half of 2025 to EY for the mandatory works, in order that the relocation of the corporate can start in 2026. EY will lease two of the 4 buildings of the advanced, with a complete space of ​​greater than 12,230 sq.m.

The brand new places of work, designed by the internationally acknowledged architectural agency Foster + Companions, shall be absolutely in step with the rules of sustainable growth and bioclimatic design, and are anticipated to obtain the highest LEED Platinum and WELL Constructing Commonplace certifications.

Following a related tender, the development of the brand new workplace advanced has been assigned to TERNA (100% subsidiary of the GEK TERNA group).

PwC is transferring to the final “fillet” of Kifissia

The workplace mission of places of work with PwC as tenant at 65 Kifissias Avenue, on the peak of Paradisos Amarousiou, is at the moment within the completion stage.

Dimand Actual Property is chargeable for the event of the bioclimatic constructing with a complete space of ​​22,550 sq.m. with open areas and a analysis campus for the wants of the lessee, with TERNA because the builder.

The primary a part of the mission is delivered on June 30, whereas the second shall be prepared in September, when will probably be absolutely operational.

This funding property with LEED Gold and WELL certification has been pre-sold to Eurobank (preliminary settlement for 75 million euros), with the deal being accomplished this yr when the constructing will even be handed over to PwC, which leases the constructing for a interval of 10 years, with the suitable renewal for a further 10 years, as a substitute of 26 euros per sq.m.

The Palace of the TEE

The development of the brand new roof of the Technical Chamber of Greece (TEE) on a privately owned plot in Marousi, on Kifisias Avenue (up), Distomo, Alamana and Attikis Odos (Dakhtylidi Junction) is on observe for implementation.

On the property, reverse the executive constructing of OTE, in entrance of the hospital advanced of the Medical Middle, two inexperienced bioclimatic buildings shall be developed, with the strategy of compensation and in cooperation with Dimand and GEK Terna, which has additionally undertaken the development: the brand new TEE Constructing, which shall be roughly 4,000 sq. meters and one other constructing of roughly 7,500 sq. meters.

The 2 volumes of buildings, unbiased of one another, could have widespread parking areas in two basements, which will even lengthen outdoors the define of the buildings.

The entire growth, together with basements, is 24,857.60 sq.m. and is anticipated to be accomplished on the finish of 2025.

Eurobank’s “inexperienced” roof

The “coronary heart” of Eurobank has been beating at 2 Omirou Road and 12 Stadiou Road since mid-December. At 4,633 sq.m. of the renovated “inexperienced” constructing reverse the Previous Parliament, now homes the places of work of the financial institution’s prime administration.

The property, which belonged to Groupama Insurance coverage, was purchased in 2018 by Grivalia – earlier than it was absorbed by Eurobank – for 10 million euros and, after its renovation, displays the ESG standards and philosophy of the monetary establishment.

Moreover, on the junction of Stadiou and Kolokotroni streets, the outdated constructing of the Capital Market Fee – the primary concrete constructing in Athens – will even home Eurobank places of work inside the subsequent 3 years.

The brand new PPC buildings

The absolutely renovated constructing at Christou Lada 1-3, which as soon as housed the headquarters of the DOL of the Lambrakis household (newspapers “Ta Nea”, “To Vima”, “Tachydromos”, and many others.) was leased from April 1 to PPC, with a three-year contract and an open renewal possibility for the next years. It’s estimated that roughly 160 workers of the corporate shall be accommodated on its premises.

The constructing, which ehret+klein acquired from the Apollo fund about two years in the past, underwent a radical renovation and was remodeled with inside demolitions into trendy, environmentally pleasant workplace areas with low carbon dioxide emissions (it has a BREEM certificates). The renovation value 8.5 million euros, not together with the acquisition value, whereas the primary innovation it incorporates issues the “Kaleidoscope”.

The entire rental space is 3,074.11 sq.m. and consists of 8 flooring of places of work and assembly areas, and a floor ground with an auditorium and cafe.

Actual property: Why giant firms and public companies transfer
 – 2024-06-18 21:51:32

PPC would be the tenant of 4 flooring of places of work within the regenerated Mignon. The gradual supply of workplace areas to PPC has already begun, in keeping with Dimand, which is implementing the reconstruction of the legendary constructing.

Within the constructing, the place a big ZARA retailer will function, aside from PPC, the Inditex group has additionally leased two flooring of places of work to deal with its headquarters that are at the moment situated on the Stadium at quantity 59.

The brand new “technique” of AADE

Simply 2 kilometers from the Acropolis and 10 minutes from the historic middle of Athens, the (as soon as) Athens Coronary heart procuring middle, at 180-186 Piraeus Road, is getting a second probability with Premia Properties turning it right into a inexperienced workplace advanced to deal with the central companies of AADE in change for an annual hire of 4.38 million euros.

The primary a part of the redeveloped property was handed over in early June and the second constructing (3,000 sq.m. on an adjoining plot the place the well-known ice rink was once) on the finish of June, finishing a contemporary Leed Gold licensed workplace advanced with a complete space of ​​26,500 sq.m.

The unbiased Authority is anticipated to save lots of important sources by consolidating 9 companies which are at the moment scattered in numerous elements of Attica in an space that has trendy infrastructure and low power consumption (60% much less value) whereas on the identical time it’s going to contribute to growing the effectivity of the service, since a complete of 1,700 workers shall be transferred to at least one constructing.

In keeping with Premia, the reconstruction of Athens Coronary heart and building of the brand new constructing subsequent to it has a complete value of 40 million euros. About 20 million euros was the price of buying the constructing and plots.

Supply: OT

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