Αthens, 30 September 2020

NOVAL PROPERTY received multiple awards at both the Commercial Property Awards 2020 and the Fire & Emergency Excellence Awards 2020, organized by Boussias Communications which were judged by an independent Jury panel comprised of the industry’s executives.

The new THE ORBIT office building won the highest distinction (PLATINUM award) in the overall category ‘New Constructions / New Projects’ as well as the highest distinction (GOLD award) in the ‘Best New Development – Office category’. The recently completed ORBIT office building located on Kifissias Avenue in Athens, which will in due course obtain LEED for Core & Shell certification at Platinum level, is a landmark, environmentally friendly building with an aesthetic characterized by clean futuristic lines. The building, construction project involved connecting the two existing wings and moving the core to the center, which further improved flexibility in terms of the functional organization and operation of the office spaces on the upper floors. In line with THE ORBIT’s high-quality interiors and energy efficiency entailing limiting its environmental footprint, the landscape was designed with the aim of creating a sustainable Mediterranean planted garden environment with a wide variety of native plants that serve in further improving the construction’s aesthetics and environmental impact.

Another new building, namely the new BUTTERFLY office building in Chalandri, won the SILVER award in the ‘Best Renovation – Office’ category. The BUTTERFLY, which has received the environmental Gold Level LEED certification, was completed in early 2019 and is a combination of old and new constructed sections which combined now yield a single volume with new special features. One such feature is the bioclimatic design seen in the roof gardens on each level of the building, which takes the form of a shell of elements that is able to rise in response to environmental conditions.

Finally, the RIVER WEST Shopping Center received the highest distinction (GOLD award) in the ‘Facilities’ category for its facilities’ level of safety and overall safety management offered, as well as the BRONZE award in the ‘Emergency Response’ category for its outstanding response level to a potential emergency incident. RIVER WEST is an exemplar mall construction with an excellent infrastructure and functionality featuring a fully opening roof which ensures that clean and fresh air enters the building – while in the case of a fire, the opening contributes significantly to smoke effectively evaporating from the mall’s main area. At the same time, it has both passive and active fire protection systems, adheres to strict protocols, and provides ongoing safety training to its personnel.

We are particularly pleased to have been recognized and rewarded for our efforts, for implementing best practices for the safety of our visitors and employees whilst developing modern and environmentally friendly buildings. Ιt is our mission to continue dynamically down this same road.

About NOVAL PROPERTY

NOVAL PROPERTY is the 2nd largest Greek REIC based on its portfolio value which presently includes 42 properties located mainly in Greece with other selective properties in Bulgaria. The portfolio consists of office buildings, shopping malls, hotels and former industrial buildings with a total built-up area amounting to c.430,000 sq.m. Its valuation value on 30.06.2020 was EUR 301.3 million. NOVAL PROPERTY is a subsidiary of Viohalco in the real estate industry.

For more information, please visit our corporate website at www.noval-property.com