REDS S.A., a member of ELLAKTOR Group, is one of the leading real estate management and real estate development companies in Greece.
The company’s investment interest focuses on the acquisition of properties and the utilization thereof in order to increase their value. In the past, the company has acquired plots of land which, after urban planning, were transformed and used in Organized Residential Complexes, Exhibition Centers, Office buildings as well as Mixed Use Buildings.
At the same time, the company invests in properties which, through the redefinition of their strategic utilization, repositions in the market, improving their value and functionality.
The company’s business strategy is based on identifying properties with high potential for utilization, maturing, developing, finding their users and managing them in order to maximize their value.
The provision of services to third parties is another activity of REDS. Specifically, the specialized staff of the company undertakes the entire range of real estate management and development services, from the stage of maturation (technical, legal, urban planning) to the functioning of the property. Briefly, the services of REDS are the following:
-Determination of real estate strategy (feasibility studies & business plans)
-Organization and update of real estate files
-Property management
-Management of real estate leases in operation
-Legal property management in operation
-Financial management of real estate and real estate ownership companies (of special purpose)
-Real estate promotion
-Management of the process of technical and legal maturation of properties
-Management and monitoring of concept & master plan design process
-Management and monitoring of the planning process of real estate development projects and accompanying infrastructure projects
-Management and monitoring of the licensing process
-Management and monitoring of the construction process of real estate development projects
The utilization of synergies with the other business areas of ELLAKTOR Group is a decisive factor in the implementation of the above strategy and the achievement of its growth goal.
The company’s portfolio consists of award-winning projects with international distinctions that seal in the best possible way the identity, philosophy and quality of its work.
REDS has constructed the Smart Park Shopping Mall, while the Alimos Marina, Gournes in Heraklion, Crete, projects and the Cambas Project in Kantza, Pallini, being under development.