Ten Brinke: Investments in Greece of250 million euros

The company Ten Brinke Hellas plans to increase investments in the near future, said the company's CEO Fotis Gioftsis during the24th Prodexpo. Investments approved by the group of companies, which remains exclusively a developer (builds and sells) for the period2024-2025, will amount to250 million euros, and their value as the final commercial product will reach1 billion euros. In2022, investments amounted to about100 million euros, and this year it is expected that they will reach about150 million euros.

Ten Brinke Hellas

The company develops residential, logistics, office, touristic, commercial, and retail properties. It has been actively operating in Greece since2008, more intensively since2016, and has built properties throughout Greece with a total area of617,900 sq.m.

In response to a related question, Gihoftsiou noted that the Ten Brinke group of companies (headquartered in the Netherlands) does not want to be included in the list of publicly traded companies because it does not need to attract shareholders. "We are a financially stable group with 120 years of experience and parallel activities in various European economies. Even during capital controls (June 2015 - September 2019), when several developers were inactive, we had projects underway," he said.