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22ndannualcapital

TAIPED Receives Land Properties

The Hellenic Republic Asset Development Fund (TAIPED) has received a substantial amount of Attica coastal land properties, due to a decision administered by the Interministerial Privatisation Commission.

Properties encompass areas in Glyfada and Sounio. Under the mandate, state-owned real estate were also reassigned to TAIPED, that include the Kassandra prison, the Parnassos ski building, the Zea harbor, and a variety of Xenia hotels.

Additional transferred equities are located in Ioannina, Corfu, Pieria, Elefsis, Chania, Lehena, Santorini, Evia, Nafpaktos, Messinia, Veria, Patras, Chalkidiki and a property located on New York City's 305 East 47th Street.