Noval Property is a prominent Real Estate Investment Company in Greece. It is the second largest Greek REIC, listed on the Athens Stock Exchange (ATHEX). The investment property portfolio of Noval Property, which comprises 60 properties (1 through a participation in a real estate company) mostly in Greece and selectively in Bulgaria, includes office buildings, shopping centres, hospitality assets and warehouses of a total built area of approx. 471,000 sq.m. As of 30.06.2024, the fair value of the investment property and participations portfolio amounted to approx. EUR 609 million. Noval Property recently received a €10.50M Convertible Note investment at 05 October 2023 from the European Bank for Reconstruction and Development. With its strong foothold in the Greek market and strategic forays into Bulgaria, Noval Property presents an attractive opportunity for investment in the dynamically evolving real estate landscape.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Convertible Note | €10.50M | 1 | European Bank for Reconstruction and Development | 05 Oct 2023 |
| Debt Financing | €12.00M | 1 | European Bank for Reconstruction and Development | 03 Dec 2021 |
No recent news or press coverage available for Noval Property.
-logo.jpg){kind=logo}
We care about your data, and we'd love to use cookies make your experience better.