- CEO
- Markazos Alexios Konstantinos
- Full Time Employees
- 21
- Sector
- Finance
- Industry
- Real estate development
- Address
- Athens Greece
- IPO Date
- Dec 12, 2007
- Business
- PREMIA REAL ESTATE INVESTMENT COMPANY SOCIETE ANONYME is a Greece-based real estate investment company specializing in the acquisition, active asset management, sustainable redevelopment, and commercial leasing of a diversified portfolio of income-producing real estate assets. The company operates across targeted real estate segments and offers a comprehensive range of property types and real estate solutions, comprising: logistics and supply chain distribution facilities, including modern ambient and temperature-controlled storage warehouses, distribution hubs, and light industrial units leased to multinational logistics providers and retail operators; big-box retail properties and commercial parks, encompassing standalone supermarkets, retail outlets, and commercial centers; educational infrastructure assets, including private primary and secondary school campuses and university facilities operated under long-term net lease and sale-and-leaseback structures; purpose-built student accommodation and serviced residential apartments, featuring modern, energy-efficient student housing complexes situated near major academic centers; green corporate office buildings, consisting of sustainable, energy-certified office premises designed to high environmental standards; social infrastructure and healthcare properties, including specialized care and medical facilities; and agricultural and winery real estate, encompassing historical winemaking estates, production facilities, and agritourism properties. The company also provides integrated property asset management, build-to-suit project development, strategic sale-and-leaseback financing, and tenant-relationship management services.
Founded in 1991 and headquartered in Athens, Greece, the company was formerly known as Pasal Development S.A. prior to completing a major capital reorganization, strategic repositioning, and rebranding to Premia Properties under the backing of strategic anchor shareholder Sterner Stenhus Greece, followed by obtaining regulatory licensing as a Real Estate Investment Company (REIC) supervised by the Hellenic Capital Market Commission. In recent strategic developments, the company has significantly broadened its asset portfolio through landmark investments, redevelopment initiatives, and capital market transactions. Notable recent expansions include the large-scale redevelopment and transformation of the former Athens Heart shopping mall into a landmark green office complex leased on a long-term basis to the Independent Authority for Public Revenue (AADE), the strategic acquisition and leaseback of the Doukas School educational campus in Athens, the ongoing rollout of a modern student housing platform across Athens, Patras, and Thessaloniki, and the strategic acquisition of prime winery real estate assets in partnership with the Boutari Group. To finance its continuing portfolio expansion and energy-transition capital expenditures, the company has successfully issued public corporate bonds listed on the Athens Exchange, positioning Premia as a leading institutional property investor in logistics, social infrastructure, and sustainable commercial real estate in Greece.