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Lamda Development Submits Master Plan for Hellinikon Mega Project

Lamda Development, the selected investor for the development of Athens' former airport in Hellinikon, has submitted its master plan to Greece’s assets fund.

Lamda Says Ready to Get Hellinikon Works Underway but Still Waiting

Lamda Development is ready to proceed with the next phase of the Hellinikon project to transform Athens’ former airport into a metropolitan park.

A Forest the Latest Hurdle for Greece’s Hellenikon Project

A section of the Hellinikon property, where Lamda Development and Global Investment Group plan to erect a full-service resort, has been declared a forest area.

Fosun to Tap into Chinese Travel Interest in Greece with New Vacation Deals

Fosun International is aiming to tap into the estimated 1.5 million Chinese travelers expected to visit Greece, through new vacation packages.

Caesars Entertainment Considering Athens for Next Project?

Media reports claim that Caesars Entertainment Corporation is interested in building a massive entertainment complex in Hellenikon, south of Athens.

Athenian Riviera Casino Resort Gets Green Light

The Greek Finance Ministry has tabled a draft bill in parliament that gives the green light for a casino to be built in Hellenikon.
Posted On 13 Dec 2016

Hellenikon Project: Casino Resort with Skyscraper First to Go Up?

The first building to be constructed as part of an eight-billion-euro project to develop Hellenikon, Athens’ former airport is said to be a casino resort on the Agios Cosmas marina along the Athenian Riviera.
Posted On 05 Dec 2016

Trump Entertainment Eyeing Greece’s Loutraki Casino

Trump Entertainment Resorts, owned by the 45th president of the United States, Donald Trump, is said to be showing an interest in the Club Hotel Casino Loutraki in Greece, which is up for sale.
Posted On 28 Nov 2016

Hellenikon Project in Greece Gets Parliament Go-ahead

An eight-billion-euro project to develop Hellenikon, Athens’ former airport complex, into a multi-purpose hub, was given the green light by majority vote in Greek parliament.

Hellenikon Project to Bring in €14.1bn in Tax Revenue, Report Says

The massive and highly anticipated Hellenikon project along the Athenian Riviera is expected to boost state coffers by some 14.1 billion euros in tax revenues between 2016 and 2041, according to the Athens-based Foundation for Economic and Industrial Reseaerch (IOBE).

Opposition Over Antiquity Report Stumbling Block for Hellenikon Revamp Project

Plans to transform the abandoned Hellenikon airport complex in Glyfada into one of Europe’s largest coastal parks may yet again be put on the back burner after the culture ministry’s archaeological service through a document called for a listing of archaeological sites on the...
Posted On 09 Aug 2016

Come and Get It: Greek Hotels, Sites, Islands Up for Grabs, ‘Guardian’ Reveals

“It could be a shopping list for the scenery in a movie - rather than a list of possessions that Athens is under immense pressure to offload,” the Guardian says, referring to an asset portfolio of some 71,000 properties now under the newly established Hellenic Holdings and...

Greece Privatization Projects Move Ahead as Scheduled

The privatization of regional airports as well as of the Piraeus port will move ahead as scheduled, the Greek finance ministry said in a document it sent to the Eurogroup on Monday.
Posted On 25 Feb 2015

Major Works in Greece Hit Roadblock

An eight-billion-euro project to develop Hellenikon, Athens’ former airport complex, into a metropolitan park seems to have hit a wall, according to Greek media reports, with the Attica Prefecture appealing the Greek state privatization fund TAIPED decision to ink a deal with...
Posted On 24 Nov 2014

Next Phase for Hellenikon Upgrade Project

An 8-billion-euro project to develop Hellenikon, Athens’ former airport complex, into a metropolitan park has moved to the next phase after getting approval from the overseeing auditors, Lamda Development said on Tuesday.
Posted On 12 Nov 2014

Lamda Development Offers More To Acquire Hellenikon

The consortium led by Greek real estate firm Lamda Development has increased its initial offer by 25 percent for the 100 percent acquisition of Hellenikon, the former Athens Airport site.
Posted On 27 Mar 2014

Final Stages for Aghios Kosmas Marina Long-term Lease

Bids by five companies/consortiums to enter the final phase of the tender for the Aghios Kosmas Marina were opened last month at the office of state-owned Olympic Properties. The best offer tabled in the tender, according to press reports, includes an offer to lease the property...
Posted On 01 May 2007

Former Olympic Sites Open to Commercial Development

The heads of four local authorities surrounding the huge former Olympic sites near the old Athens international airport, which had been earmarked four years ago to become "Europe's largest" metropolitan park, last month joined forces to express fear that the much of the...
Posted On 01 Mar 2005

Planned New Convention Center Includes New Hotel

The Attica hotel owners association met with the head of Hellenic Tourism Properties recently to discuss the construction of a convention center at the old Athens International Airport at Hellenikon. When and if completed, the center will accommodate 8,000 participants. A hotel...
Posted On 01 Feb 2004

Charter for Athens Convention, Exhibitions and Visitors Bureau Signed

After two years of efforts, four of the country's major tourism organizations got together last month to sign the founding charter of the Athens Convention, Exhibitions and Visitors Bureau (Athens CVB). The founding member organizations included the Hellenic Association of Travel...
Posted On 01 Aug 2003
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