Public Power Corporation (PPC) has reached an agreement with Macquarie Asset Management on the sale of a 49% ownership interest in Hellenic Electricity Distribution Network Operator (HEDNO).

Intrakat expands investments in the real estate industry and in particular the leisure sector.

The news came shortly after the distress of Evegrade, another Chinese real estate company.

Based on the project plan, the existing pier will be extended by 35 acres transforming into a new area measuring 1.100 platform width.

Lamda Development gives greater emphasis on the issue of safety and conservation, primarily of citizens but also of ecosystems, from the consequences of climate change, regarding the emblematic project of the Ellinikon.

Authorities have been asked to evaluate the odds of reportedly accusations with regards to the announced PPC's €750 million fundraising.

Consolidated EBITDA before revaluations reached €15.9million, a 4% increase vs. the respective period in 2020.

The company has a plot of 18,730 sqm. in Neos Faliro with a permit for the construction of a building complex of 57,450 sqm.

There will be launched a book building process to determine the offer price of the shares to be issued.

The company reports a significant expansion of the real estate portfolio with the addition of nine properties in total.