Lamda Development S.A. and TEMES S.A. announced the signing of their strategic agreement for the joint development of two state of the art, luxury hotels and residential complexes on the costal front of the landmark Hellinikon project, during the first five year phase of the project. The partnership will bring to life a commonly shared vision to further establish Athens as a top world-class tourism destination and place the Athens Riviera on the world tourism map.
Among the properties on sale is a land plot of 17.000sqm which includes the "decayed" Kodak premises in Maroussi suburb.
Under the new legislative framework the points in the Law 4499/17 were resolved and were deemed unconstitutional.
Greek authorities have issued the necessary building permits for the restoration of the historic Athens Esperia Hotel.