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Atisreal moves into Greece and Cyprus with new alliance

Leading European real estate adviser Atisreal has expanded its European business further through a strategic alliance with Danos & Associates in Greece and Cyprus.

Danos has been operating for 40 years, in Cyprus, and more than 10 years now in Greece, with four offices in Athens, Thessaloniki, Nicosia and Limassol, with 60 employees.
Danos & Associates will bring its wide range of property services to the Atisreal Alliance, including: Investment, Transaction – Letting and Sales-, Consultancy and Valuation in both commercial and residential real estate.

Henri Faure, Chairman of Atisreal, comments: “Danos & Associates is a strong brand, known both in Greece and Cyprus, and this partnership forms an ideal platform for Atisreal to have presence in both countries. Atisreal is keen to expand into new and developing markets and this agreement is demonstrative of this strategy. Furthermore, we are happy to welcome in our Alliance network a company regulated by the RICS, as a proof of high level quality services”.

Mr. Panos Danos, Managing Director of Danos & Associates, says: “Our alliance with Atisreal develops a strong company structure that will respond efficiently, promptly and with flexibility to all local and international requirements of the fast evolving real estate industry”.

This is in line with Atisreal and parent company BNP Paribas Real Estate's development strategy of pursuing international expansion.

Since the beginning of 2008, Atisreal and mother company BNP Paribas Real Estate have acquired or created new subsidiaries and alliances with businesses in Romania, Russia, Ukraine, Dubai, Bahrain and India.

About Atisreal
Atisreal, continental Europe's leading commercial real estate services group, offers public and private sector organisations, occupiers and investors a full range of real estate services; consultancy, letting & sales, investment, valuations, space planning, as well as market research.
Atisreal accompanies its client's national and international real estate strategies via a network of 65 offices in Europe, Middle East, India and United States, and across America and Asia thanks to its Alliance Partners.
Atisreal employs 2, 400 professionals and generated an income of € 431 million in 2007.
Atisreal is a subsidiary of BNP Paribas Real Estate, the real estate division of BNP Paribas, ranking among the world's top 10 banks by market capitalization and total assets.
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DANOS is a company with offices in Athens, Tessaloniki, Nikosia and Limassol. As International Property Consultants, DANOS provides as a wide range of professional services, including: property management, project management, planning & development advice, property agency, valuations, design and market research.
Over the past 40 years DANOS has built up a large and varied customer base through the professional services provided to these clients. DANOS has established its reputation both locally and internationally. The company benefits from a significant number of personnel / members, contemporary hardware and software, professional indemnity Insurance, excellent reputation and clientele, which all offer unlimited prospects for its operational activities / services.
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