Piraeus Bank CEO Christos Megalou and Dimand CEO Dimitris Andriopoulos announced four important projects – developments within the scope of their strategic cooperation, as reported by Naftemporiki on June 18.
The projects will expand over an area of 127 thousand square meters) and the construction cost will amount to 0.5 billion euros (initial estimate) and concerns:
The renovation of offices at 4 Korai Street in the center of Athens, a property on Lykourgou and Aiolou Streets (known as the Lambropoulos property) also in the center of the capital, the development on the former Fix Brewery property (Thessaloniki), as well as the development of a large estate of the ancient Aegean textile industry in the port of Lavrion.
The Korai building will be renovated and sold by Dimand to Piraeus Bank to accommodate its central offices.
The Lambropoulou property will be renovated, while the Bank is already financing the Fix project.
Regarding Lavrion, cooperation began with the assignment of the urban development of the property by Banco à Demanda. The development will include residences, shops, etc. and will essentially be an extension of the city of Lavrion.