Athens-based listed developer Babis Vovos International Construction (BVIC) has announced a new partnership and advisory agreement with property advisor Colliers International regarding its new shopping center in the Votanikos area of Athens. Under the deal, Colliers International will be advising BVIC on tenant mix, rent levels, leasing and other related services.
Athens-based listed developer Babis Vovos International Construction (BVIC) has announced a new partnership and advisory agreement with property advisor Colliers International regarding its new shopping center in the Votanikos area of Athens. Under the deal, Colliers International will be advising BVIC on tenant mix, rent levels, leasing and other related services.
The new shopping center is being built on a 43,213 m2 of land and will have a total built-up area of 69,100 m2. It will also feature three underground car-parking levels with 2,307 parking spaces. It is due to open in the fall of 2009.
Andreas Marambos, managing director of Colliers International in Greece, said, 'I am delighted that Colliers International and BVIC are working so closely together on this landmark project which we believe will transform the entire Votanikos area of Athens. Colliers International in Greece is famed for its tremendous expertise in retail and investment sales throughout the region and in Greece, so we are in a strategic position to deliver the best results for BVIC.'
Colliers International in Southeast Europe has eleven offices in six countries: Albania, Bulgaria, Croatia, Greece, Montenegro and Serbia, and performs selected assignments in Slovenia, Bosnia & Herzegovina, FYR of Macedonia, and Cyprus.
