Investing in the Future of the Greek Real Estate Market
Noval Property is a dynamically growing and diversified REIC (Real Estate Investment Company), focused on creating long-term value through targeted investments and competitive returns. With a strong presence in the Greek market and a significant geographical distribution, the company invests in high-quality commercial properties and development projects with strong value-creation potential. Α leader in the real estate sector in Greece when it comes to sustainability, the company’s portfolio includes assets with environmental certifications (such as LEED and BREEAM), aligned with the evolving demands of the modern market.
Noval Property is managed by a highly experienced and specialized team, with deep market knowledge and a strong commitment to long-term, sustainable growth.
At a Glance Key Figures
Balanced mix of
61
properties
€648
mn.GAV
Gross Asset Value
343,000
sq.m.GLA
Gross Leasable Area
477,000
sq.m.GBA
total built area
Subsidiary of
VIOHALCO
Sustainability
Noval Property, recognizing the importance of environmental responsibility, systematically incorporates sustainable practices across all its activities. With a steadfast commitment to environmental protection and the sustainable use of natural resources, it seeks continuous improvement in its environmental performance. At the same time, it implements initiatives aimed both at reducing its direct environmental impact and at the long-term enhancement of the resilience of its properties, actively contributing to addressing climate change.
READ OUR Recent news
Noval Property acquires new property in Marousi, Greece
Noval Property announces the acquisition of a plot of land with a total surface area of 201.33 sq.m., located in Marousi, Greece. The acquisition price amounted to EUR 185 thousand and it has been financed by Noval Property’s own funds.The plot of land is adjacent to...
Portfolio fair value of over €600 million and net profit of €21.9 million in the first six months of 2024
Portfolio fair value of over €600 million and net profit of €21.9 million in the first six months of 2024 Key financial metrics for first half of 2024 Fair value of investment portfolio[1] EUR 609 million as of June 30th 2024, an increase of EUR 38 million (7%)...
The fair value of Noval Property’s investment portfolio is EUR 609 million as of 30th June 2024
Noval Property (the “Company”), pursuant to Hellenic Capital Market Commission’s decision no. 8/259/19-12-2002, as amended and currently in force, publishes the Company’s Investment Schedule dated 30th June 2024, which has been posted on the company’s website...
