Press Corner
Completion of the Allocation of the Green Bond Proceeds 2025
NOVAL PROPERTY REAL ESTATE INVESTMENT COMPANY (hereinafter the “Company”) announces to the investing public that, as of 31.12.2025, the allocation of the total funds raised from the issuance of the €120 million Common Bond Loan, which was carried out through a public...
Publication Annual Financial Report 2025
The company under the trade name “NOVAL PROPERTY REAL ESTATE INVESTMENT COMPANY” (hereinafter the “Company”), announces the publication of the Annual Financial Report for the year ended 31st December 2025, which is posted on the Athens Stock Exchange website (Athens...
Continued profitability growth alongside the solid uplift of the portfolio’s value
Key Financial Figures: Rental revenues from investment properties of EUR8 million, increased by EUR 4.4 million (increase 13%) compared to 2024 Adjusted-EBITDA (a-EBITDA) EUR 2 million increased by EUR 5.6 million (increase 27%) compared to 2024 Fair value of...
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...
Strong Performance in GRESB 2025 and BREEAM In-Use Recertification for Mare West
Noval Property reaffirms its commitment to responsible investment, sustainable development, and transparency in corporate governance, fundamental pillars that shape both its strategy and corporate culture. These values are reflected, among others, in the company’s...
Noval Property: LEED Gold Certification for the modern mixed-use building “Ardittos House”
Noval Property’s mixed-use building, “Ardittos House,” has received the internationally recognized LEED Gold (BD+C New Construction & Major Renovation v4.1) certification. Located in the heart of Athens, on Ardittou Street in Mets, “Ardittos House” has undergone a...
Investment portfolio fair value of over EUR 679 million and net profit of EUR 19.7 million in the first half of 2025
Key Financial Metrics for the first half of 2025: Rental revenues amounted to EUR 17.7 million in the first half of 2025, marking an increase of EUR 1.8 million (increase 11%) compared to the first half of 2024. Adjusted EBITDA (a-EBITDA) reached EUR 11.0 million,...
Noval Property presents “Ardittos House”, a new residential and office building in Mets.
An ideal combination of prime location, breathtaking views, and high-aesthetic design. Noval Property is successfully completing the reconstruction of another significant project in its portfolio, further strengthening its urban development footprint. ‘’Ardittos...
Noval Property acquires land plot in Marousi, Greece
Noval Property announces the acquisition of a plot of land with a total surface area of 241,67 sq.m., located in Marousi, Greece. The acquisition price amounted to EUR 221 thousand and it has been financed by Noval Property’s own funds. The plot of land is adjacent to...
High profitability and significant increase in portfolio fair value for FY 2024
Key Financial Figures: Rental revenues from investment properties of EUR 33.4 million, increased by EUR 4.1 million (increase 14%) compared to 2023 Adjusted-EBITDA (a-EBITDA) EUR 20.6 million increased by EUR 2.8 million (increase 16%) compared to 2023 Fair value of...