Lamda Development, the selected investor for the development of Athens' former airport in Hellinikon, has submitted its master plan to Greece’s assets fund.
A Memorandum of Understanding (MoU) was signed on Tuesday between the Hellenic Republic Asset Development Fund (TAIPED) and Lamda Development, which amends the existing share sale and purchase agreement of the Hellinikon former airport.
Following a positive opinion of the Council of Experts, the Board of Directors of the Hellenic Republic Asset Development Fund (TAIPED) unanimously declared Lamda Development SA as the Preferred Investor for the acquisition of the 100 percent of the shares of Hellinikon SA.
Despite challenges this year, Goldair Handling maintained its leading position in the markets where it operates, invested 11 million euros for eco-friendly ground support equipment and announced plans to expand to Serbia.
Two luxury hotel projects and dozens of branded villas are to be constructed along the Athenian Riviera as part of the multi-million-euro Ellinikon Project.
