Who We Are
Constantinou Group of Companies is a modern, fast-growing business organization with a strong presence across key strategic sectors of the market. Guided by a long-term vision and a clear commitment to sustainable growth, the Group consistently invests in creating long-term value.
The Group’s core business pillars are Real Estate Development& Management and Retail, sectors in which it has operated for more than 70 years with professionalism, expertise, and reliability.
As part of its ongoing evolution and growth, over the past decade the Group has expanded its activities into two dynamic sectors: Healthcare and Hospitality.
Through targeted investments and strategic partnerships, Constantinou Group of Companies continues to strengthen its position in both the Greek and international markets, while building a strong, sustainable, and socially responsible footprint.
With a history spanning more than 70 years,
the Group’s initial business activities were established and developed in Latin and North America, focusing on the creation of department stores, shopping centers, and storage service facilities.
The Group’s founder, Mr. Theodoros Constantinou,
emigrated from Greece to Venezuela with his wife, Aliki, driven by a vision of building a better future. In 1951, they took their first entrepreneurial step by opening a small textile manufacturing business. Their entrepreneurial spirit and foresight soon led to the establishment of the first apparel stores, which experienced rapid growth both in size and number. The brand name “Tijerazo” became firmly established and widely recognized throughout Venezuela.
As the business continued to evolve,
the stores expanded into large, privately owned department stores beyond Venezuela, operating under the brand name “Aliss”, offering a wide range of consumer products. Today, the Aliss and Tijerazo department stores comprise more than 80 locations across six countries.
In 1968, the Constantinou family made its first investment
in the real estate sector with the acquisition of a building in New York City (Lexington Avenue & 84th Street). Since then, the Group’s real estate investment activities have expanded to Puerto Rico, Santo Domingo, the United States (Florida/Miami), Greece, Bulgaria, Costa Rica, and Panama. As a natural progression of this growth, shopping centers, storage service facilities, hospitality properties, office spaces, and hospital facility were developed in these countries, further strengthening the Group’s diversified footprint.
Entry into the Greek Market
In 2002, with a vision for long-term growth and investment in Greece, the Constantinou family established Talima Venture Inc., aiming to develop a privately owned property in Agios Dimitrios and construct a modern shopping mall.
In 2010, this vision became a reality with the inauguration of Athens Metro Mall, a shopping center with a total Gross Leasable Area (GLA) of 23,500 sq.m., which has since been established as one of the leading retail destinations in the Attica region.
At the same time, the Group expanded its presence in the retail sector by developing commercial partnerships with internationally recognized brands, such as Adidas, strengthening its footprint in the Greek market as well as in neighboring countries, including Bulgaria and Romania.
In 2025, the Group completed the acquisition of Fashion City Outlet in Larissa, with a total Gross Leasable Area (GLA) of 20,115 sq.m.
New Investments
GREECE
Industrial Park
Among the Group’s upcoming business initiatives is the development of a privately owned property located in Lykovrysi, Athens. The site comprises a total land area of 90,000 sq.m. and benefits from direct access to major road networks, ensuring high operational connectivity.
The Group plans to develop a modern industrial park featuring high-specification facilities designed to support efficient industrial and logistics operations. This investment is expected to significantly enhance the Group’s operational capabilities in Greece and contribute positively to the economic development of the wider area.
PANAMA
Medical Units
Following the establishment of The Panama Clinic hospital, further investment in medical units represents a new strategic initiative for the Group in Panama. The Group’s business plan includes the development and operation of modern, high-standard medical units, with a strong emphasis on quality of care, technological innovation, and efficient management.
The objective is to provide reliable, high-quality healthcare services to underserved and remote areas of the country, while ensuring a meaningful and lasting social impact.
BULGARIA
Residential Projects
Constantinou Group owns land plots totaling more than 100,000 sq.m. in the city of Sofia, Bulgaria. These properties are located in areas characterized by strong growth potential and high demand, including Malinova Dolina, Druzhba, and Bozhurishte.
The development of residential projects represents one of the Group’s next strategic business steps. With a strong focus on sustainability, functionality, and contemporary design, the projects will deliver residential developments that address the real needs of modern living while creating long-term value for residents and the surrounding communities.
