24 June 2018

HRADF receives 20 investors bids for its properties

01 November 17 - RE+D Magazine
HRADF receives 20 investors bids for its properties


IBI Group

Consultant - GREECE


Antulio Richetta

Director IBI Group
The Hellenic Republic Asset Development Fund announces that a total of 20 investors have expressed interest,


by submitting the respective documentation and financial offers for their participation in the tender process via the online e-Auction platform www.e-publicrealestate.gr, in the following real estate properties:

  1. Dimini, Volos, Magnisia Prefecture: Fenced industrial plot, located at the southern edge of Industrial Area A of Volos, facing the southern boundary of the said Industrial Area (sale).
  2. Mana Sanatorium: Land parcel, adjacent to Mana Sanatorium, in the location of Korfoksylia in the municipality of Gortynia, which is located in the mountainous Arcadia (50 years lease). 
  3. Old town of Nafplio: Three-storey building on Vassileos Konstantinou Str. No. 6 within the traditional web of the city of Nafplion (sale).
  4. Patras, Achaia: A three-storey building with a preserved facade on Agios Nikolaos Str. No. 8 in the center of the city of Patras (sale). 
  5. Ippokratous Str. No. 88: Six-storey office building in the center of the city of Athens with basement, ground floor with a loft and roof (sale). 
  6. Aeolou Str. No. 17 and Ermou Str. No. 64: Ideal 2/3 share of an ab indiviso whole floor apartment in the center of the city of Athens (sale). 
  7. Former Andritsaina District Court: Three-storey stone-built tile-roofed building, located in Megalopolis - Andritsena provincial road, in the district of Agia Varvara in Andritsena (sale).
  8. Sabariza, Ermioni: Three neighboring land plots in the village of Ermioni, in the prefecture of Argolis (sale). 
  9. Hotel INIOCHOS: Ideal share of 2/3 of an ab indiviso 3-star hotel on Veranzerou Str. No. 26, in the center of the city of Athens (sale).

Following the verification and audit of the supporting documentation, HRADF Board of Directors will decide on the selection of the participants and the starting prices of the electronic auction for each real estate property, based on the highest, valid financial offer submitted and on the Independent Evaluation.

HRADF will evaluate all possible solutions and will proceed with a new process with regard to the development of the "Former Klitoria County Court" property in the Municipality of Kalavrita, in the Prefecture of Achaia, for which no investment interest was expressed.


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