Press Corner
High profitability and significant increase in portfolio fair value for FY 2024
Key Financial Figures: Rental revenues from investment properties of EUR4 million, increased by EUR 4.1 million (increase 14%) compared to 2023 Adjusted-EBITDA (a-EBITDA) EUR 6 million increased by EUR 2.8 million (increase 16%) compared to 2023 Fair value of...
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...
New distinction for Noval Property: LEED Gold certification for the modern logistics centre in Mandra Attica
Noval Property, abiding by its commitment to adopting sustainable practices and developing modern, energy-efficient buildings, received the internationally recognized LEED Gold environmental certification for the new logistics centre in Mandra, Attica, Greece. The...
Noval Property: Lease of office spaces of “The Grid” to EY in Greece
Noval Property publicly announced the signing of the agreement to lease to EY in Greece the office spaces of two out of the four buildings of “The Grid” office campus, at a press conference held today at the Museum of Cycladic Art in Athens, Greece. “The Grid” is a...
Noval Property: installation of a photovoltaic system in Mare West retail park in Corinth
Noval Property, aiming at continuously improving the energy efficiency of its properties, has recently completed the installation of a photovoltaic plant in Mare West retail park, Corinth. The main priority of the investment is to cover part of the retail park’s...
Noval Property: Net profit of EUR 64.6 million for 2023
Key financials for 2023 Rental income of EUR 29.3 million, increased by EUR 4.5 million (increase 18%) compared to 2022; Adjusted-EBITDA of EUR 17.8 million, increased by EUR 5 million (increase 39%) compared to 2022; Net profit of EUR 64.6 million, increased by EUR...
The Fair Value of Noval Property’s investment property and participations portfolio reached EUR 571 million on 31.12.2023
Noval Property, 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 31st December 2023, which has been posted in the company’s website...
Sale of Office Spaces in Athens
Noval Property announces the sale of two horizontal properties (office spaces), of total surface of 76.20 sq.m. located at 20-22 Tzortz Street in Athens. Subject sale forms part of Noval Property’s strategy to divest specific real estate assets and complies with...