Friday Jan 30, 2015 Search
Weather | Athens
14o C
8o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Lamda tables 7-bln-euro plan for Elliniko

By Vangelis Mandravelis

As expected, Lamda Development was the only party to submit a bid to develop the old airport plot at Elliniko in southern Athens on Thursday, according to an announcement by state privatization fund TAIPED.

The fund’s governing board will meet soon to decide on the validity of the offer and whether all necessary documents have been submitted. In the case that TAIPED accepts the bid as valid, the binding bid will be opened, given that its financial side remains sealed. The assessment process will take about two weeks.

The government issued the required cabinet decree just a few hours before the offer was submitted. The decree contains the state’s pledge to implement the development project at Elliniko.

Following the tabling of the bid, Lamda briefed the stock market on the stakeholders of the investment group seeking to develop the 6.2 square kilometers at the Elliniko plot. According to the announcement, the bid is supported by Abu Dhabi-based company Al Maabar, China’s Fosun Group as well as unnamed European funds.

Lamda Chief Executive Odysseas Athanasiou described the day of the bid’s submission as “a very important day for the company and for Greece, as some of the world’s biggest investment funds have decided to invest in our country, putting their confidence in Greece’s prospects into practice.” He added that the total investment proposal submitted will exceed 7 billion euros.

ekathimerini.com , Thursday February 27, 2014 (23:10)  
Fitch warns of a downgrade for Greece
Gov’t, PCT ease China’s worries
Pension payment to be ‘a little tight’ in March
State liquidity concerns set to grow by the month
Kotzias hails ´good compromise´ on Russia sanctions in Brussels
Greece’s Foreign Minister Nikos Kotzias labeled as a “good compromise” the agreement in Brussels on Thursday between European Union diplomats to extend sanctions against Russia. EU foreign m...
Karamanlis to meet Bakoyannis as New Democracy broods
Former Prime Minister Costas Karamanlis and ex-Foreign Minister Dora Bakoyannis are due to meet on Friday as New Democracy considers how to absorb the impact from its election defeat on Sund...
Inside News
BASKETBALL
Below-par Olympiakos succumbs to Efes
The winning streak of Olympiakos in the second group stage of the Euroleague ended on Thursday in Turkey, as Anadolu Efes outclassed the Reds in the second half to win 84-70. Olympiakos had ...
SOCCER
Xanthi upsets 10-man Panathinaikos in Cup
Xanthi dumped holder Panathinaikos out of the Greek Cup on Thursday, to leave Olympiakos as the big favorite for the tournament that will enter its quarterfinal phase with the draw on Friday...
Inside Sports
COMMENTARY
Strange haste
The members of the new government must have a lot of confidence in themselves. Several days before announcing his program, Prime Minister Alexis Tsipras and his cabinet have opened up a mult...
COMMENTARY
Kotzias, Dugin and the EU
“It has always been Golden Dawn’s position that Greece should not be a part of EU and US sanctions against Russia. Our national interests and geopolitical facts dictate this stance.” This wa...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Below-par Olympiakos succumbs to Efes
2. Xanthi upsets 10-man Panathinaikos in Cup
3. Fitch warns of a downgrade for Greece
4. Gov’t, PCT ease China’s worries
5. Pension payment to be ‘a little tight’ in March
6. State liquidity concerns set to grow by the month
more news
Today
This Week
1. Greece wants a debt break, but what about its poorer neighbors?
2. Greek banks rebound as gov't cites inexperience for remarks
3. $11 billion wiped from Greek banks on nationalization threat
4. Investors turn on Tsipras’s campaign to end austerity in Greece
5. Varoufakis says Russia row not about sanctions, but proper consultation
6. Schulz warns Tsipras against straying from stance against Russia, ahead of Athens meeting
Today
This Week
1. Greek Elections 2015 | LIVE
2. SYRIZA heads for historic victory but without majority
3. Greek Elections 2015 | LIVE
4. Greek Elections 2015: The day after | LIVE
5. Poll shows SYRIZA leading ND by 4 pct
6. SYRIZA's win will test institutions
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2015, H KAΘHMEPINH All Rights Reserved.