DIMAND presented its investment plan for Thessaloniki at an event held on Wednesday, October 4th, at the former FIX Brewery.

The redevelopment of the historic brewery is part of the country’s industrial heritage and is part of the broader urban redevelopment plan designed and implemented by DIMAND in Northern Greece, with ELVIAL as the co-investor.

The property “FIX,” which began construction in the 1880s and was gradually completed by the end of the 1980s, is set to come back to life. Preparatory work has already begun, and the project is expected to be completed in phases by Q2 2027. The property will be rejuvenated and transformed into a mixed-use space that will host hotels, residences, offices, cultural spaces, sports facilities, restaurants, as well as commercial stores.

In the revival of this monument, the strict preservation of its form, architecture, and complex structure plays a significant role. All interventions, both on the facades and inside the buildings, will be carried out with absolute respect for the historical significance of the space, as the majority of the complex and its technological equipment have been designated as a preserved monument of industrial heritage (Government Gazette 479/B/24.6.1994).

DIMAND continues to invest in Thessaloniki, developing HUB26, the first large-scale, bioclimatic business park in Northern Greece, located across from the FIX property, in partnership with Prodea Investments. Additionally, they are creating the largest logistics center in Northern Greece in the former property of BALKAN EXPORT in Agios Athanasios. Lastly, they are involved in the “Project Skyline,” the most significant portfolio transfer of real estate assets (purely) that has taken place in Greece in recent years. In this project, the company, along with Premia Properties, participates in Alpha Bank’s investment plan, involving 573 properties of various uses across the country, with approximately 50 of them located in Thessaloniki.

The event, held under the auspices of the Municipality of Thessaloniki, featured greetings from Prime Minister Kyriakos Mitsotakis, Central Macedonia Regional Governor Apostolos Tzitzikostas, Mayor of Thessaloniki Konstantinos Zervas, and Metropolitan Bishop of Neapoli and Stavroupoli Varnavas. Ministers, Members of Parliament, and representatives of the city’s business community, as well as representatives of the media from Thessaloniki and Athens, were also in attendance. The event was hosted by ERT3 journalist Synthia Sapika.


DIMAND, through its investments, aims to participate in the transformation of the Western Gate of Thessaloniki, turning it into a gateway to the future. The urban revitalization efforts seek to serve as a model for the development of the local community while highlighting architectural and sustainable elements that will make its projects landmarks and valuable assets for the city and society. With a deep respect for history, it incorporates all those elements that will transform Thessaloniki into the Metropolis of the future.