REDS in brief
Among others, REDS has constructed and is operating “Smart Park” retail park, while an emblematic project of the company, the Cambas Park, is currently under development.
Smart Park is the largest retail park in Greece, with a total area of 53,000 m² after the completion of Phase B of its expansion by approximately 15,200 m² in October 2019. In 2019, Smart Park reached a total number of 5.5 million visitors.
The Cambas Park will be developed in the area of Kantza (Pallini), having the old Cambas winery in the spotlight and combining office, commercial and cultural facilities, with the preservation of selected buildings and the provision of upgraded communal areas of greenery and recreation to citizens and visitors. This is an investment of approximately €200 million, in which, beyond the investments for the reconstruction of the Cambas winery, 50% of the total area, i.e. 157 acres, will be a contribution in land to the Municipality of Pallini for public use, thus multiplying the available area of the project’s squares and playgrounds.