Hellenic Properties has completed five project exits to date, delivering an average equity multiple of 2.15x

ATHENS, GREECE, September 14, 2026 /EINPresswire.com/ -- With investment activity in Greek real estate accelerating in recent years, investment and development firm Hellenic Properties said it has completed €135 million in property investments over the past 24 months, bringing its total track record to €200 million over 14 projects, following the formalization of a strategic partnership agreement with leading Greek family office Vamare Investments Group. The company is targeting a portfolio exceeding €500 million in Gross Development Value by 2030.

Hellenic Properties’ current investment portfolio spans hospitality, office and residential assets in prime locations across Greece. Its active investment pipeline currently exceeds €130 million, primarily consisting of hospitality investments, supported by €66 million in debt financing from Greece’s major lenders, highlighting continued institutional confidence in the country’s real estate sector.

The company has completed five project exits to date, delivering an average equity multiple of 2.15x. The firm expects to complete three additional exits from mature projects by the end of 2026, while also evaluating strategic partnership proposals based on its broader income-producing and development portfolio.

Income Growth and Returns
For FY2026, Hellenic Properties expects leasing agreements to generate €4.1 million in net portfolio income, with projected asset values corresponding to an equity multiple of 1.83x and an average project-level leveraged internal rate of return (IRR) of 22.9%, as the economic environment is showing clear signs of sustained growth. The company has also signed an agreement to acquire its third hospitality asset in mainland Greece, laying the foundation for a hospitality investment platform.

Strategy: Faster Cycles and Institutional Capital
Under its 2027–2030 strategic plan, Hellenic Properties aims to shorten the average investment cycle to below 3.5 years, expand its investor base of family offices and institutional investors, and scale operations through technology-driven portfolio management. “Our strategy is built around increasing liquidity through exit optionality, securing new acquisitions and recycling capital more efficiently and effectively to scale the company’s activities while maintaining sector diversification and disciplined risk management,” Errikos Arones, CEO of Hellenic Properties, noted.

About Hellenic Properties
Hellenic Properties is one of the most credible, independent Greece-focused real estate investment and development platforms, known for identifying overlooked potential, executing complex transactions and asset transformations, creating design and sustainability value, and partnering effectively with sophisticated capital partners. With the addition of Vamare Investments Group as a strategic partner, Hellenic Properties aims to expand its real estate platform to €500 million in Gross Development Value by 2030, focusing on hospitality, offices, logistics and residential assets across Greece.

REINA HELLENIC PROPERTIES
Hellenic Properties
+30 21 0331 1000
info@hellenic-properties.com
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