Monday September 1, 2014 Search
Weather | Athens
29o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Olympic properties up for lease

By Vangelis Mandravelis

State bailout fund TAIPED is moving ahead with its plans for the utilization of three major state properties, the Olympic facilities at Galatsi and Markopoulo and the Sambariza property at Ermioni, all in Attica.

The utilization of the Olympic properties will be conducted via concession contracts with a length of 40 years. Interested buyers can bid for one or both and the submission date for offers is set for September 22. The preferred bidder will be chosen based on the highest price at present values.

The Olympic installation at Galatsi hosted the rhythmic gymnastics events during the 2004 Games, but is tangled up in legal red tape: A consortium comprising Sonae Sierra and Haragionis undertook the utilization of the property in 2007 following a tender, but it was unable to obtain an operating license for five years due to legal action by the Municipality of Galatsi. The consortium, which has already paid lease rates for five years, resorted to the courts, seeking compensation amounting to 20 million euros.

The Markopoulo installation was used for the 2004 Olympic equestrian events and has been used for horse racing since then.

The Sambariza property will be sold for utilization. It comprises a plot of about 172,000 square meters, and TAIPEDs objective is to have it used for tourism development, mainly in the form of holiday homes. The property is 185 kilometers from Athens and is close to popular destinations such as Ermioni, Porto Heli, Hydra and Spetses. The deadline for the submission of offers for the Sambariza property is also September 22.

TAIPED has granted an extension of a few days to the tender for the utilization of the plot at Afandou on Rhodes.

ekathimerini.com , Thursday June 12, 2014 (23:34)  
Greek economy shrinks at slowest pace since late 2008
Prospect of Greek grand prix back on the agenda; huge investment needed
Juggling lighter tax burden and fiscal targets
Government tries to get handle on NPLs
Hardouvelis optimistic ahead of Paris meeting
The Greek government has stepped up its efforts in advancing the structural measures it has committed to, Finance Minister Gikas Hardouvelis said Monday ahead of a two-day meeting with troik...
Erdogan visits Turkish-occupied Cyprus
Recep Tayyip Erdogan was on Monday expected in Turkish-occupied northern Cyprus in his first official visit as new Turkey President. Erdogan, who was sworn in as his country's first popularl...
Inside News
SOCCER
Fulham striker Mitroglou set to re-join Olympiakos
Greek champions Olympiakos Piraeus are set to re-sign Kostas Mitroglou on loan from English second tier club Fulham after the striker arrived in Athens for talks on Sunday. An Olympiakos spo...
SOCCER
Tough draw for Greek sides in Europa League group stage
Following Thursday nights high, when all three Greek teams competing in the Europa League made it into the group stage of the competition, a harsh reality struck Friday as they found out wh...
Inside Sports
COMMENTARY
A great president
I fully understand the countrys need for political stability, a necessity which makes the election of a president by the current Parliament absolutely imperative. At the same time, however,...
EDITORIAL
Dont feed the zombies
There can be no growth without resolving the issue of nonperforming business loans. However, the solution to this problem should not be based on old establishment criteria, such as political...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Hardouvelis optimistic ahead of Paris meeting
2. Erdogan visits Turkish-occupied Cyprus
3. Greek economy shrinks at slowest pace since late 2008
4. Laid-off cleaners to protest outside police headquarters
5. Protesters interrupt blessing ceremony at University of Athens
6. Deputy Education Minister Koukodimos resigns
more news
Today
This Week
1. A great president
2. Excavation work at Amphipolis reveals section of marble mosaic floor
3. Greek officials meet to fine tune strategy for Paris talks with troika
4. Dont feed the zombies
5. Deputy Education Minister Koukodimos resigns
6. Protesters interrupt blessing ceremony at University of Athens
Today
This Week
1. Attack on gay couple in Athens leaves one man needing surgery
2. The battle against progress
3. Thessaloniki mayor Boutaris sworn in wearing yellow star amid Golden Dawn protests
4. Strong undersea quake occurs off island of Milos, felt in Athens
5. Greek quest for debt relief faces hurdles in Paris
6. Hardouvelis, ECB executive discuss bank program, stress tests
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.