MIBS Group strengthens its investment footprint in Piraeus

PRESS RELEASE - MIBS Group, one of the most dynamically growing companies in the field of real estate development and management in Greece, continues to strengthen its investment footprint in Piraeus, implementing a comprehensive urban development plan that highlights the city's dynamics and redefines modern urban living. 

As part of this strategy, the company recently acquired a former commercial building at the intersection of Etolikou and Akti Kondyli streets, launching a new residential development in the coastal zone of Piraeus. The project, named Etolikou Seafront,  represents another addition to the company’s growing portfolio and reflects MIBS Group's strategy  on unlocking the value of high-potential assets  in key urban locations, significantly strengthening the city's residential stock. " Placing people at the center of our approach, through our projects in the wider area around the port of Piraeus, we are developing over 300 modern residential units, with a strong emphasis on functionality and construction quality," says Elena Shiapani, CEO of MIBS Group. 

With a total redevelopment of approximately 4,000 sqm, the Etolikou Seafront project includes serviced residences with modern specifications and high-quality  shared amenities,  in a prime waterfront location offering  direct access to the port and seamless connectivity to the broader urban fabric of Piraeus . 

This investment is part of a broader development plan implemented by MIBS Group in Piraeus, reaffirming the company's confidence in the area’s growth prospects  and its  commitment to delivering projects that combine architectural quality, functionality and energy efficiency. At the same time,  by repurposing existing structures and giving life to an inactive commercial property, the company reduces its carbon footprint and  promotes sustainable development . 

 A key pillar of the company's investment activity is also the "Etolikou 11" project, one of the most emblematic urban regeneration initiatives currently underway in Piraeus. It involves the conversion of the former factory of the historic Korona pasta industry into a modern residential complex of high specifications, with a total development of 8,500 sqm, comprising 158 fully autonomous residences and modern communal facilities. 

Guided by sustainability, innovation and respect for the identity and history of each region, MIBS Group  continues to establish itself as a leading player in the real estate development industry, implementing projects that  meaningfully upgrade the urban environment and shape new standards of living in modern cities. 

About MIBS Group 

With over 50 years of experience in property development and management, MIBS Group is one of the most trusted real estate developers in Greece, with a strong international presence. The company operates across the entire property lifecycle — from investment analysis and development to management, sales and leasing — offering comprehensive and high-quality services. With a customer-centric approach and a commitment to excellence, MIBS Group implements high-quality projects in strategic locations in Attica, ensuring long-term value and strong investment returns.