Developing

Today.
Repurposing
Tomorrow.
Investing in
the Future.

Delivering Enduring Value

Noval Property is a Real Estate Investment Company (REIC) which owns and manages the real estate portfolio of its parent company Viohalco S.A. The portfolio includes income generating properties as well as development projects with growth potential. With a strong presence in the Greek market, the company strategically invests in premium commercial properties with significant added value.

Its portfolio includes properties with environmental certifications such as LEED and BREEAM, which meet modern sustainability and quality standards.

Noval Property is managed by an experienced team of executives with deep knowledge of the Greek market and a strong commitment to creating stable, long-term value. Furthermore, the company is committed to providing high-quality services while cultivating strong relationships with its tenants.

At a Glance Key Figures

Balanced mix of



60



properties
€648



mn.GAV



Gross Asset Value
343,000



sq.m.GLA



Gross Leasable Area
477,000



τ.μ.GBA



total built area




Subsidiary of



VIOHALCO

Portfolio Highlights

Noval Property holds a modern, diversified and resilient property portfolio, actively enhancing it with a commitment to quality and long-term performance. The company focuses on properties with high marketability, functionality and aesthetics, aligning their value with market trends and opportunities.
Offices

The Grid

The Orbit

Retail

River West

Mare West

Logistics

Mandra

Mandra

Hospitality

Wyndham Grand Athens

Wyndham Grand Athens

Mixed Use

Ardittos House

Ardittos House

Urban Regeneration

Piraeus 252

Piraeus 252

Sustainability

Noval Property values the importance of environmental responsibility and 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.

Sustainability Report 2024

READ OUR Recent news

Sale of a Real Estate Asset in Athens

Noval Property announces the sale of two (2) horizontal properties with a total area of 171.32 sq.m. located at 177 Michalakopoulou Street in Athens. This sale forms part of Noval Property’s strategy to divest from selected assets and aligns with the optimization of...

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