Hellenic Republic Asset Development Fund

The candidacies for the “prime” real estate in Gournes, Heraklion will be announced today

The deadline for submitting binding financial bids for the Hellenic Republic Asset Development Fund international tender for the utilization of the area of ​​the former American base in Gournes, Heraklion, expires today.

What is planned is to create a tourist complex with a casino.

Privatization agency announces total bids of 4.24 mln€ for 4 properties around Greece

Greece's privatization agency, the Hellenic Republic Asset Development Fund (HRADF), on Friday announced that an e-auction process for four properties around the country was concluded, with total bids exceeding 4.24 million euros.

The process included the right of counter-offer via a relevant online platform.

Six suitors likely to bid for Larco assets

Six candidates have expressed their interest in a tender to buy Larco General Mining & Metallurgical Company assets, including the leasing of the mining complex in Larymna.

According to information, the six candidates were: GEK Terna, Tharisa Plc, Mytilineos Group, Solway Investment Group, Trafigura Group Pte, and Commodity and Mining Insight Ireland Limited.

Changes at state property agencies

The government is determined to change the heads of the state property manager, the Hellenic Corporation of Assets and Participations (HCAP), and its subsidiary, the Hellenic Republic Asset Development Fund (TAIPED), charged with attracting foreign investors in the privatization of some of those property assets, over their handling of the privatizations and the dismal financial situation at ele

Piraeus Bank, NBG underwrite loan to extend Athens airport concession

Greece's two largest lenders Piraeus Bank and National Bank said on Thursday they will be the exclusive joint underwriters for a bond loan facility to Athens International Airport (AIA) of up to 665.6 million euros ($742 million).
Proceeds of the loan facility will partly finance a 20-year extension to manage and operate the airport until 2046.

Aktor named preferred bidder for Alimos Marina

Greek investor Aktor Concessions SA was nominated as the preferred bidder to be granted the right to use and exploit Alimos Marina in southern Athens for a period of 40 years, in the context of Greece's privatization program, the Hellenic Republic Asset Development Fund (TAIPED), the country's privatization fund, announced on Tuesday.