The CEO of HRADF, Mr. Dimitris Politis, and the legal representative of M.A. Aggeliades Hellas, Mr. George Mylonogiannis, signed the closing memorandum of the transaction with the payment of a lump sum of €26.9 million plus interest.
The signing took place in the presence of the Minister of Finance, Mr. Christos Staikouras, the Minister of Investment & Development, Mr. Adonis Georgiadis, the CEO of HCAP, Mr. Gregory D. Dimitriadis, and the Executive Director of HRADF, Mr. Panagiotis Stampoulidis.
The Golf -North Afandou is a coastal property with a total area of 1,328 sqm.
Within the
framework of the Special Plan for the Spatial Development of Public Properties (ESCHADA), the
property includes a tourism-leisure zone, with renovation and modernization of the already
operating golf course, as well as the possibility of creating a residential - touristic village,
protection and promotion zone of the environment and the natural landscape
