Trade Estates expands its commercial park portfolio
Fourlis Group’s Trade Estates REIC is planning for the operation of 12 commercial parks nationwide within the next two years, as the company plans to increase the value of its portfolio to 550 million euros by 2026 (from about €300 million today), by doubling the number of properties and the leasable area.
Trade Estates has just obtained its eighth commercial park, at Halandri (pictured), northern Athens, always under the brand name Top Parks.
It intends to invest €150 million in developing four new commercial parks at Spata, in Patra, on Crete and at the major property development in Elliniko, southern Athens.
