BUSINESS

Property next to Rio bridge goes up for sale

TAGS: Privatizations

State privatizations fund TAIPED has announced an international tender for the utilization of a 165,460.40-square meter property at Rio in the northern Peloponnese.

The plot previously served as a work site for the construction of the Rio-Antirrio bridge.

Following a number of failed efforts to utilize the property, this latest attempt will offer significant options for development, especially in the logistics sector, as it includes port infrastructure thanks to the works needed for the construction of the multi-span cable-stayed bridge across the Patraikos Gulf.

The tender will comprise a single stage and bidders will have to submit their offers by March 27.

Eurobank and Cerved Property Services are operating as TAIPED’s financial consultants, while the Machas & Partners law firm is the legal consultant

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