OTE intends to put much more power from the management in the property σπιτια,αγγελιες ακινητων , seeking better use on the admittedly important residence disposal.

Responsible officials with the agency say that the goal for 2010 is to release about 500 buildings, that will pass control to exploit OTEstate despite the negative circumstances during the market for actual estate. The same sources acknowledged that all these years, OTE has made beneficial management buildings and spaces. “If we rationalize the years, actual estate is also profitable for OTE,” commented.

Last year we released about 50,000 square meters, in many cases, entire buildings. “There have been areas 2000-3000 m with only Five or 10 individuals inside, and they did not meet critical needs and remained untapped, sources stated the agency.

The management of OTE as well as the relevant subsidiaries are trying to find to … awaken a sleeping giant, even for the agency, mentioned genuine estate, via full use with the house portfolio to obtain optimal performance approaching the relevant market yields.

In this context, for the development of commercial and business areas in privately owned buildings and lease or sale of residential developments. Furthermore, it has implemented a broad plan to rationalize the housing needs with the telephone to be able to maintain only the minimum necessary space for its operation, and OTEstate exploit and utilize the home released.
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According on the recording was created on behalf of OTEestate the agency’s residence portfolio consists of 2279 plots / region total area of approximately 9.25 million square meters in 2225 buildings with a total area of approximately 1.150 million square meters Of these, 80% 1938, or buildings 804,000 square meters houses telecommunications facilities. The carrying significance on the home was set to approximately 482 million euros as well as the trade was estimated at about 1.6 billion, 50% with the home on which the Attica prefecture.

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