ECONOMY

Grivalia announces 7-mln-euro green investment

grivalia-announces-7-mln-euro-green-investment

Athens-listed Grivalia Properties announced on Monday it is investing approximately 7 million euros in the energy upgrade of Kifissias Plaza – to be renamed Green Plaza – as a part of the real estate investment firm’s upgrading of portfolio assets, a program announced in October 2014.

The company said that upon completion in the first quarter of 2016, Green Plaza will be the first “green” building in Greece to be certified according to LEED Core & Shell, applied to assets intended for lease.