These properties are being developed gradually, depending on
their legal, technical, and commercial maturity. The tender process followed is
either through the e-auction platform or through conventional tender processes
with the support of Financial Advisors
The tender for the property of “Former US Military Base of Gournes” with an area of 345,567 sqm located in the Municipality of Chersonisos, in the Regional Unit of Heraklion of the Region of Crete, is pending since a single tender process is still in progress for the asset. The subsequent step for the tender is to have the project been awarded to the highest bidder and get court auditors approval on the deal.
The
overall tender process for the golf and tourist development on two properties in
Afantou, Rhodes and the draft contract have been approved by the Court of
Audit, and the development plan (draft Presidential Decree) has been elaborated
and approved by the Council of State. The financial closing of the transaction of
North Afantou is to be soon finalized.
On 29/07/2021, the draft ESCHADA Presidential Decree was
approved by the Council of State for the plot of land outside of the town plan,
in the Municipality of Markopoulos, Attica. The asset comprises an area of
approximately 100 hectares (59 hectares for development) with sports and
support buildings/facilities of the Olympic Riding Center. By the end of 2021 the
final exploration for investment interest with the proviso that all equestrian
sports facilities must remain in place and the preparation of the tender
documents will conclude.
The
development method that will be adopted for the total area of the Property for
development is 468,125 sqm in Loutropoli Kammena Vourla is till under
discussion. The property includes the facilities of the “Galini” hotel and
various other buildings, which are abandoned in their majority. To date, property
has been leased to the Mitsis group via notarial act between the latter and
HPPC and the ESCHADA and SEIA study was presented to the Central Management
Committee on 25/06/2021. First approval by Central Management Committee was
granted. The tender process for this asset is expected to be launched the first
quarter of 2022.
