Hellinikon / Glyfada is a emerging-tier Class A submarket of Athens with average asking rent around €312/sqm/yr · ≈ $31.3 PSF/yr USD.
Post-2025 mega-development trophy frontier. · Tier: emerging · Avg rent: €312/sqm/yr · ≈ $31.3 PSF/yr USD
Hellinikon — Europe's largest urban regeneration on the former Athens airport site — anchors Athens's principal post-2025 trophy frontier with mixed-use Class A delivery.
Tech, banking, multinationals, hospitality, retail HQs.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Metro M2 (planned extension to Glyfada), tram.
Multi-modal transit captures the metro's principal professional catchment.
Hellinikon coastal park, Glyfada beach, Vouliagmeni.
Hellinikon / Glyfada is one of 5 Class A submarkets we cover in Athens, classified as emerging tier with an average asking rent around €312/sqm/yr · ≈ $31.3 PSF/yr USD. Compared with the broader Athens Class A stock, Hellinikon / Glyfada typically attracts Tech, banking, multinationals, hospitality, retail HQs and competes most directly with the city's other emerging submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Hellinikon / Glyfada: Syntagma / Kolonaki, Marousi / Kifisia Avenue, Ampelokipoi, Piraeus / Port Area. The full Athens submarket atlas is at /cities/athens.
For an institutional Class A occupier evaluating Hellinikon / Glyfada, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Athens Class A leasing and to the emerging tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.