On May 15th 2018, Zeritis Group leased 1,500 m2 of office space and 1,100 m2 of warehouse space of its real estate complex in Nea Erythraia, Athens, Greece to LifeConcept, the franchisee of the Danish modern furniture brand BoConcept in Greece. LifeConcept aims to invest in the asset and utilize the 2,600 m2 space as its central warehouse, office and showroom.
Dimitris Zeritis and Georgios Zeritis, Co-Heads of Business Development at Zeritis Group commented: “It is a pleasure to cooperate with LifeConcept, a company belonging to a Group with experience in retail and franchising both in Greece and abroad. This is the second long-term tenancy that has been signed for the plot, increasing its occupancy and value. Step-by-step we are creating an asset with a stable and diversified revenue base, remaining in line with Zeritis Group’s vision of forming one of the most notable real estate complexes in Northern Athens.“