Golden Hall - Shopping Center Expansion, Athens

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The Development Plan involves the creation of approximately 11,500 sq.m. of gross leasable area (GLA) and 7,000 sq.m. of parking space. It will include - amongst others - an Olympic Μuseum and a large family entertainment venue, anticipated to enhance the standards of family entertainment in Athens.

The substantial and full commercial exploitation of the property is expected to add significant value to consumers and tenants alike and at the same time create more than 500 new jobs.

The budget is expected to reach €25 million. It is noted that in February 2013 the company invested an additional €81 million for the exploitation of the usufruct right of the entire former International Broadcasting Center (IBC) Building for 90 years.