Lamda Development awarded Hellinikon project
The Hellenic Republic Asset Development Fund (TAIPED) has unanimously announced Lamda Development as the preferred bidder for the Hellinikon real estate development project.
- Published in Greece
The Hellenic Republic Asset Development Fund (TAIPED) has unanimously announced Lamda Development as the preferred bidder for the Hellinikon real estate development project.
Lamda Development's 915 million offer for the Hellenikon SA shares has been approved. It is translated into 1.2 billion worth of infrastructure which, at 2,500 acres, is 850 euros per sq. m.
State real estate fund TAIPED has asked Lamda Development for an improved offer for the Hellinikon property deal, as it always does in such cases, with the decision expected by month's end.