Five contractors shortlisted for University of West Attica student residences

At an extraordinary meeting held on 15 October 2026, the Municipal Council of Fyli approved, by majority vote, the draft invitation to participate in the competitive dialogue, marking the transition of the tender to its next stage.

The decision was taken almost four months after the completion of the prequalification process, which was approved on 24 June 2026. At the time, the contracting authority cited the need to expedite the subsequent stages of the procedure.

The draft invitation had been forwarded on 14 October by the Development Single-Member S.A. of the Municipality of Fyli to the Municipality and the University of West Attica, as the project owners.

Five bidders advance as EKTER is excluded

According to Decision 11/2026 of the Municipality of Fyli’s Development Company, the five companies shortlisted for the second phase are GEK TERNA, Metlen Energy & Metals, ATΕSE, AVAX and AKTOR Concessions.

These groups were deemed to meet the requirements for economic and financial standing, technical and professional capacity, as well as the other participation criteria.

By contrast, the Tender Committee rejected EKTER’s application, concluding that the company had failed to demonstrate the required specific experience in concession agreements or public-private partnership (PPP) projects.

Among other projects, the company had cited its participation in a PPP scheme for the construction and technical management of accommodation buildings for five Police Directorates. However, at the time the supporting documentation was assessed, the relevant contract had not yet been signed, despite the completion of the pre-contractual audit by the Hellenic Court of Audit.

EKTER also referred to a €53.3 million investment in the development of a five-star luxury hotel complex at Agios Ioannis, arguing that the project’s financing structure shared characteristics with a PPP agreement.

Nevertheless, the Committee unanimously concluded that the documentation submitted, including supplementary information provided subsequently, did not satisfy the requirements set out in the tender documents.

What will be assessed during the competitive dialogue?

The new phase represents a critical step towards finalising the project’s technical and financial parameters.

During the competitive dialogue, the contracting authority will examine with the five shortlisted bidders the available solutions for delivering the investment, the design and operational requirements of the facilities, and the financing arrangements and allocation of risks between the public and private sectors.

Once the dialogue has been completed, the shortlisted bidders will be invited to submit binding tenders. The successful bidder for the PPP project will be selected following their evaluation.

The Municipal Council’s decision approves the draft invitation for Stage B.I, but does not specify a date for the commencement of meetings with the candidates or a deadline for the submission of final bids.

Student accommodation for 1,100 students in Ano Liosia

The project involves the development of a student accommodation complex with a capacity of 1,100 beds at the City Park in Ano Liosia, on land to be granted by the Municipality of Fyli.

Under the initial design, the facilities will include approximately 19,500 sq m of residential accommodation, comprising single and double rooms, alongside 4,500 sq m of ancillary facilities.

The complex is expected to feature a student restaurant, educational auditoriums, administrative offices and communal facilities, with some areas designed to be accessible to people with disabilities.

The plans also provide for a cultural centre of approximately 1,860 sq m to serve the needs of the Municipality of Fyli.

The investment forms part of the broader development strategy for the City Park, which covers approximately 262 hectares, with the aim of establishing a new hub for student accommodation, education and culture in Western Attica.

27-year concession with availability payments

The PPP agreement will run for 27 years, during which the private-sector partner will be responsible for the design, financing, construction, maintenance and operation of the facilities.

The estimated contract value stands at €66.08 million, excluding VAT, and represents the net present value of the projected availability payments.

This figure does not correspond to the construction budget, as it reflects the financial value of the contractual obligations over the life of the agreement.

The initial tender documentation allows for the estimated contract value to be adjusted upwards by up to 30%, depending on the final scope of the project as determined during the competitive dialogue.

The project forms part of wider efforts to develop new student accommodation infrastructure through PPPs, at a time when rising rents and the limited availability of purpose-built student housing are intensifying housing pressures in major university centres.