D. Yiannakopoulos holds an important stake in the company that purchased the prime asset.

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.

Covering an area of 1200 sq.m., the store will offer visitors a large variety of furnishing ideas.

Among the properties on sale is a land plot of 17.000sqm which includes the "decayed" Kodak premises in Maroussi suburb.

The luxury hotel complex will operate as Kerzner International's "One&Only".

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.

Spanish Banco Santander & French BNP Paribas are RETAMA's main shareholders.

Changes in the building coefficient and an appeal lodged by the Municipality of Voula - Vouliagmeni in the Council of State.

Common use areas will comprise a pool bar, a library and retail stores.