Maroussi, 5th September 2024
PRESS RELEASE
Financing of RANDOM by Attica Bank for the redevelopment of an office building in Athens.
RANDOM S.M.S.A., a wholly owned (100%) subsidiary of DIMAND Group, signed a long-term loan agreement of up to €13.7 mn with Attica Bank, for the financing of the redevelopment of a building, located at Kato Patisia, that housed the facilities of the Hellenic Management
Association (the "Property").
More specifically, the Property is a seven-story building with a surface of 11,725 sq.m. (including underground parking spaces). The project concerns the re-development of the Property into a modern office building. RANDOM has reached an agreement for the lease of the Property to Hellenic Post (ELTA), while its operation is planned in Q1 2025.
A few words about DIMAND
DIMAND is one of the leading Greek companies in the field of real estate development, listed on the Athens Stock Exchange (ASE).
Since the beginning of its operation, in 2005, it has incorporated the philosophy of "green" buildings into the core of its business, creating a new market in Real Estate and becoming an international model. Its business activity focuses on the implementation of large-scale urban redevelopments, modern sustainable office buildings, complex mixed-use projects, as well as private sports facilities, while it has developed more than 40% of the green buildings in Greece that are LEED® BD+C certified.
The company is among the leading group of "The Most Sustainable Companies in Greece" having received the highest distinction for sustainable development from the Quality Net Foundation and has been distinguished as a LEED® Proven Provider™ by the Green Building Certification Institute. It is a Silver Member of the U.S. Green Building Council, a member of GRESB and is the first company in Greece to be awarded as a Credentialed Project Developer and Credentialed Quality Assurance Provider by the Investor Confidence Project (ICP) Europe.
115, Neratziotissis Str., GR 151 24 Maroussi |T: +30 210 8774200 | F: +30 210 6801160 | E: info@dimand.grwww.dimand.gr