Piraeus Tower was the most ambitious construction project in Greece in the 1970s.
Back in 1968, the Mayor of Piraeus, A. Skylitsis, demolished the historic old Piraeus market and provided the site for the Piraeus Tower.
Located in the heart of the biggest passenger port in Europe, it was originally built in 1972 with the ambition to become a landmark in a port which was, at that time, rapidly changing and developing into an international hub for shipping and transportation.
The building frame was completed in 1974, some shops and offices were operating, however in the years that followed, the project was abandoned and the Tower remained uncompleted and empty until 2020. On July 6, 2020, DIMAND in collaboration with EBRD and PRODEA Investments undertook the 99-year concession of the Piraeus Tower from the Municipality of Piraeus.
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The financing deal is a significant milestone in the project’s progress, and it is a credit to the company’s leadership and team for their tireless efforts in making this vision a reality. The company’s dedication to sustainability and environmental consciousness is a shining example for others in the industry to follow.
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