The Athens-based and publically traded development company, Babis Vovos International Construction (BVIC), has announced a new co-operation and advisory agreement with Colliers International. The new agreement covers BVIC's new shopping center in the Votanikos area of Athens. Colliers International will be advising Athens' largest commercial developer with 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 (TBA) 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."
Dimitris Voutsas, Director of Retail Services for Colliers International in Greece, added, "Colliers will ensure that because of our superb relations with all leading retailers, the new shopping center in Votanikos will feature all the best international and major locally-recognized name brands."