Our Identity

REDS S.A. – a member of ELLAKTOR GROUP – is one of Greece’s leading real estate development companies.

REDS undertakes medium and large-scale Retail and Entertainment, Office, Mixed Use, Exhibition and Conference and Residential projects. The company is currently active in Greece and Romania.
The Company’s strategy for creating value is based on identifying and acquiring large properties at attractive premiums, and partnering with dedicated designers, operators and real estate professionals for the development of high-quality ventures.

Our portfolio is comprised of award-winning projects that have been distinguished worldwide and verifies who we are, what we do and how we do it.

First we research
Then we design
...Then we create value

Our Philosophy

At REDS we believe that in real estate, the only true representation of who you are, is what you create. We create ideas and methodology which capture success for us, our partners, the society and the environment.

First we research
REDS values comprise of reliability, innovation and drive for success. We strive to create developments that set new standards.
To ensure this, the first step is the careful selection of the projects we undertake, by  potential to create value.

Then we design
Our experienced professionals understand the importance of incorporating the human experience, and aspects of the surrounding environment into the design of a project. Through careful but innovative design and planning we re-define the standards of the local market, and create new shopping, working and living experiences.

Then we create value
The completion of viable yet pioneering projects is our non-negotiable and resolute objective.

Careful selection of developments and innovative design are key criteria in reaching this objective. These, coupled with Greece’s most experienced executives in Real Estate result in the ability to create value for investors, shareholders, partners, end users, the environment and the communities in which we operate.

First we research, then we design, …then we create value.

Real Estate Development & Services: In the field of Real Estate Development and Services, the Ellaktor Group holds a leading position in the industry via its subsidiary REDS SA (55.4%), which is also listed on the Athens Exchange.

The investment interest of REDS SA is focused on the development of Retail Parks, Hospitality, Commercial & Entertainment Centres, Organised Residential Complexes, Exhibition Centres, as well as Office buildings and buildings for Mixed Purposes.

Having developed, managed and sold approximately 200,000 m2, including two of the first commercial and entertainment centres in Greece and two pioneer residential complexes in Athens, the Group developed retail park “Smart Park” in east Attica, which is a unique, modern open air shopping centre that covers an area of 53,000 m2.
Currently, REDS SA is involved in three large scale projects: the development of Alimos Marina, the largest marina in the Balkan region and the development of the historic Camba Estate, a project to be constructed on a 315.000m2 plot located in Kantza, Attica and the development of Gournes Project, a mixed use of development of 62.000m2 on a 345.500m2 plot with hospitality, commercial, leisure and casino uses.

Finally, REDS SA operates in the field of exhibition and conference centres through its participation in the Athens Metropolitan Expo (11.67%)

The Group