Fraport AG Frankfurt Airport Services Worldwide and its Greek partner Copelouzos Group today signed contracts with the Hellenic Republic Asset Development Fund (HRADF) for the 40-year concessions to operate, manage, develop and maintain 14 regional airports in Greece.  The transaction closing is expected during the autumn of 2016, at which time full payment of the €1.234 billion upfront concession fee will be made by the Fraport consortium in tandem with the takeover of operations at the 14 airports.