ETVA invests €95 mln in business parks

ETVA VIPE, the entity investing in business and industrial parks that belongs to Piraeus Bank and the Greek state, is launching new investments totaling 95 million euros.

Managing Director Thanos Psathas told a press briefing on Tuesday that the Recovery and Resilience Fund has approved the proposals submitted by ETVA VIPE for the financing of half of the upgrading of 14 industrial areas throughout Greece. These are projects of the order of €50 million, most of which are located in Thessaloniki, where there is 25% of the square-meterage of ​​the shopping centers controlled by the company.

Demand for shopping centers, Psathas explained, is particularly high and therefore the company is seeking to increase the available spaces either through the expansion of existing parks or by creating new facilities. In this direction, the company is evaluating the implementation of...