connect with us
Greece's latest tourism industry news by Greek Travel Pages

Greek State Privatization Fund Announces Investors For Afandou Properties On Rhodes

Photo © rhodos-travel

Photo © rhodos-travel

The Hellenic Republic Asset Development Fund (TAIPED) recently announced the highest bidders of the tender for the utilization of two properties in Afandou on Rhodes, Greece. The deal for the Afandou assets amount to 42.1 million euros.

US based M.A. Angeliades Inc., that offered 26.9 million euros, was declared the investor for the 1.36 square kilometers North Afandou plot that includes a golf course.

The company T.N. Aegean Sun Investments Limited was declared the investor for the South Afandou plot after submitting an offer of 15.2 million euros.

According to TAIPED, both investments are expected to exceed some 300 million euros.

Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece.
About the Author
This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner.

Add your comment

*