Greece’s independent tax bureau, AADE, will be the new tenant of a centrally located shopping mall in south downtown Athens, the CEO of the company owning the property, Athens Hearts Mall, announced on Friday.
Specifically, Premia Properties CEO Costas Markazos said the Athens Heart mall, located along Piraeus Avenue, which connects central Athens with Piraeus, was turned over to the Independent Authority for Public Revenues for use by the latter as its headquarters. The AADE director’s office will also be hosted at the now one-time shopping mall.
The company executive announced the deal during a general shareholders’ meeting, saying the agreement was mutually beneficial.
Athens Hearts has posted declining revenues before closing, as competition in the greater Athens-Piraeus region over the past two decades was intense.
According to reports, AADE will house nine different departments – with 1,700 staff members – that are now scattered around greater Athens in a modern, energy efficient and what’s promised to be “green premises”.
At the same time, Premia said the annual lease for the property will reach 4.4 million euros, with the contract fixed for 12 years.
“Amenities” foreseen at the new tax bureau headquarters will be a daycare, gyms, food & beverage spaces and a new state-of-the-art security system.
Source: tovima.com
Latest News
Chinese Travel Surges with Greece Boosting Air Connectivity for 2024
Greece ranks 25th globally in terms of international connectivity, and according to Mabrian Technologies, its international air connectivity, regarding outbound flights, increased by 10.5% in 2024
Greece Mandates IRIS Payment Integration for All Businesses by 2025
The Minister of National economy and Finance, Kostis Hatzidakis, highlighted that the IRIS system is a priority, stating that 3.3 million IBANs are already connected with IRIS
Greek Economy Bounces Back Impressively, German Handelsblatt Reports
Once at risk of default, Greece has made notable progress in debt reduction over the past few years
EC Approves €150mln Greek State Aid Measure for Carbon Storage Facility in Prinos
The aid will take the form of a direct grant, which will be disbursed in three installments until 2026
October 28: Traffic Regulations and Public Transport Adjustments
Road closures and transportation changes will be in effect across Athens and Piraeus until the National Day events conclude
Greek Finance Minister Wraps Up Trip to Washington D.C.
The Greek delegation included Council of Economic Experts president Michael G. Arghyrou and Public Debt Management Agency Director General Dimitris Tsakonas
ELSTAT: Construction Material Prices Remain High in Greece
According to recent data from the Hellenic Statistical Authority (ELSTAT), the General Index of Construction Material Prices for New Residential Buildings rose by 5.5%
Greek Finance Minister: “Greece was living beyond its means”
Finance Minister Kostis Hatzidakis told Reuters Greece needs to focus on fiscal prudence, and that the country had to learn from past mistakes
Greek Economy Faces Pressing Challenges Amid Global Uncertainty
Major issues that are expected to intensify if not addressed, include the high current account deficit, the substantial investment gap, low productivity, and the question of long-term growth
Greece Expands Investigation into Profit Margin Cap Violations
The investigation into potential violations of Greece's profit margin cap now includes 26 major food and non-food companies as well as 9 supermarket chains