- CEO
- Christos Nikolaos Bobolias
- Full Time Employees
- 9
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Kifisia Greece
- IPO Date
- Jun 14, 2022
- Business
- Ble Kedros REIC SA is a Greece-based real estate investment company specializing in the acquisition, development, leasing, and management of a diversified portfolio of income-producing real estate assets. Founded in 2014 and headquartered in Kifissia, Greece, the company operates under Greek Law 2778/1999 and is supervised by the Hellenic Capital Market Commission. Ble Kedros focuses on long-term value generation through active property optimization across several core business segments and geographic regions throughout Greece, including Attica, the Peloponnese, and selected island destinations.
The company provides a wide range of real estate products, asset classes, and property services, systematically categorized into: hospitality properties, comprising boutique hotels, urban hotel units, and tourism accommodation complexes developed and leased to hospitality operators, including lifestyle concepts associated with COCO-MAT; commercial retail real estate, including high-street stores, retail outlets, and commercial shopfronts located in central urban districts; office properties, encompassing administrative headquarters, multi-tenant corporate buildings, and business spaces; industrial and logistics facilities, including manufacturing buildings, warehouses, and storage depots situated in major industrial zones; residential real estate, consisting of apartment units, residential complexes, and mixed-use living spaces; land holdings, including urban and suburban plots held for commercial or hospitality development; and asset management services, encompassing property maintenance, leasing and tenant management, architectural redevelopment, property valorization, and investment advisory.
In recent developments, Ble Kedros REIC SA has pursued targeted portfolio enhancements and strategic capital recycling initiatives. The company completed the sale of a central Athens four-star hotel development project to UAE-based investment firm Vivium Holding for approximately 18.6 million euros, monetizing premium hospitality assets amidst strong tourism sector demand. In addition, the company continues to execute development projects across mainland Greece and the Peloponnese, while implementing structural and regulatory adjustments across its urban asset base to maintain strict compliance with local zoning, planning regulations, and architectural standards. Ble Kedros maintains a low-leverage financing model supported by stable rental cash flows, supporting ongoing dividend distributions to shareholders and selective property acquisitions.