Shopping Center Development

The combination of trade with leisure is the main trend in the global retail market, so the number of shopping centers is constantly increasing.

Charagionis Group is dealing with the field of large Shopping and Entertainment Centers since 2000, through the Sierra Charagionis consortium.

The Sierra Charagionis consortium was created by the alliance of the multinational company Sonae Sierra and the Greek company Acropole Charagionis and specializes in the investment, development and management of shopping and entertainment centers, aiming to create selected destinations for its customers.

Aegean Park Shopping and Entertainment Center

In a total area of 45,000 sqm in the area of N. Faliro, behind Karaiskaki stadium, purchased in 1999 by Sierra Charagionis consortium, will be developed the Aegean Park Shopping and Entertainment Center.

According to the latest implementation proposal, after the completion of the project which will include commercial stores and entertainment venues, an area of 20,000 sqm will be offered for free use to the public. This area will include a park, uncovered areas, sidewalks, lighting, etc., will be maintained and guarded under the responsibility of the project owners, and will also have Parking, a special waste management system and indoor, air-conditioned, public areas.

This investment will reach 300 million euros and will be the largest foreign investment with foreign capital inflows ever made in Greece.

The project is currently in the process of licensing and approval by the competent authorities.

LOCATION:	KARAOLI DIMITRIOU, SOFIANOPOULOU, NEAS IONIAS, AINITOU, MOURATI & SOULTANI OT. 56.57 & 59, NEO FALIRO, MUNICIPALITY OF PIRAEUS
OPENING DATE:	UNDER CONSTRUCTION
TOTAL AREA:	max 136.000 sqm
PLOT AREA:	45.350 sqm
PROFILE OF THE CENTER:	Shopping center
DEVELOPER:	Charagionis Group – SONAE SIERRA
ARCHITECTS:	CHARAGIONIS’ GROUP TEAM OF ARCHITECS & SONAE SIERRA
AVAILABLE UNITS:	Contact us at +302107279900

Mediterranean Cosmos Shopping and Entertainment Center

Mediterranean Cosmos is the first and largest entertainment center in Northern Greece. Guests can enjoy the stunning sea view, strolling through the shopping streets, specially designed for pedestrians.

It includes 200 shops, 37 restaurants and cafes, supermarkets, multiplex cinemas, bowling, playgrounds, an orthodox church and a traditional Greek village.

The key elements of Mediterranean Cosmos are:

LOCATION:	57100, Pylaia, Thessaloniki
OPENING DATE:	October 20, 2005
TOTAL AREA:	46.000 sqm
PLOT AREA:	55 acres
PARKING SPACES:	3.300 outdoor parking spaces
PROFILE OF THE CENTER:	Shopping center
DEVELOPER:	Lamda Developments, Sonae Sierra, Acropole Charagionis
ARCHITECTS:	Charagionis’ group team of architects – Sonae Sierra
MAJOR TENANTS	H&M, Village cinemas, Inditex, Μασούτης, Public etc

Total investment: 104 million euros

In December 2010, Acropole Charagionis and Sonae Sierra proceeded the transfer of 39.9% of the Mediterranean Cosmos Shopping and Entertainment Center to Lamda Development S.A.

For more information:

http://www.medcosmos.gr

Stardome

Ιn July 2006, Acropole Charagionis and Sonae Sierra undertook, after a tender, the 40-year concession of Galatsi Olympic Center by the company Olympic Properties.

The project involved the conversion of the closed Olympic Gymnasium of Galatsi into a Center for Sports, Entertainment and Commercial uses.

This important project will have a total rentable area (GLA) of 36,000 sqm and would include retail stores, large chain stores, café – restaurants, entertainment venues as well as a large above-ground and underground Parking.

After 8 years of studies and other procedures for the development of Stardome, the project was postponed due to state problems.