Dimand was declared the successful bidder and takes over "the MINION" Athens
The successful bidder in the tender process for the historic property by Folli-Follie offered more than € 25 million.
The company had finally won the Folli-Follie’s tender for the sale of the historic property of Minion located in the center of Athens.
According
to sources familiar with the matter, the company that is managed by Dimitris
Andriopoulos filed a bid higher than €25 million for the property that spans 20,000sqm
and has been disposed be the firm that is currently in a liquidation process.
ered.gr has
recently unveiled that 5 investment groups had expressed interest for the emblematic
property. Amongst them top tier Greek REICs and the real estate development
firm Dimand, was finally declared the successful bidder. At the time,
commercial companies and hotel groups were also expressing strong interest in
renting and exploiting the building due to its location.
According
to the same sources of information, the completion of the process is expected
within the next month, when it is estimated that the sale agreement will be
signed by the parties involved.
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