Calamos Supports Greece

Hellenic Republic Asset Development Fund

New Tender for Mutual Horse-Betting License in Greece

Greece’s privatization fund has decided to relaunch a tender for a mutual horse-betting license after failing to accept an improved bid from gaming systems firm Intralot. The Hellenic Republic Asset Development Fund (HRADF) asked Intralot on August 20 to up...

Mussolini's Villa de Vecchi in Rhodes for Sale

The Hellenic Republic Assets Development Fund (HRADF), responsible for raising money from state property sales to reduce debt, is pitching the abandoned Villa de Vecchi on the Greek island of Rhodes, which had been the holiday home of Italian dictator...

Five Bidders for Two Property Assets in Rhodes

Greek authorities on Tuesday said an international tender for the sale of two real estate properties in Afantou, Rhodes, was successful. Hellenic Republic Asset Development Fund (HRADF) said two binding bids were submitted for the golf course in Northern...

Greece to Sell Disused Olympic Facilities

The Greek privatization fund TAIPED (Hellenic Republic Asset Development Fund) is to undertake the sale of the disused Olympic facilities in Athens, construction of which cost more than 577 million euros. The total cost of the construction was based on data from Greece’s...

TAIPED Seeks Improved Bid for Ellinikon

Lamda Development has until March 26 to submit an improved bid to renovate the disused site of Ellinikon Airport after authorities rejected the Greek company's initial bid Wednesday. In a second phase, financial consultants Citigroup and Piraeus Bank will work with Happold Consulting as...

Argentinian Enterpreneur Interested in Greek Airports

Argentinian entrepreneur Eduardo Eurnekian is expected to make an offer to the Hellenic Republic Assets Development Fund (HRADF) for the ongoing competition concerning 21 Greek airports. During the World Economic Forum in Davos, Martin Eurnekian, nephew of the Argentinian billionaire...

Final Call for Former Ellinikon Airport

The privatization of the former Ellinikon International Airport of Athens, located seven kilometers south of Athens, is reaching its final stage. The Board of the Hellenic Republic Asset Development Fund (TAIPED) is expected on Thursday, to approve the draft contract...

Athens Announces Tender for Thermal springs

The Hellenic Republic Asset Development Fund (TAIPED) has launched a public tender for investors to submit an expression of interest for four thermal springs in the regional unit of Fthiotida. According to TAIPED, as Greek Travel Pages (GTP) website reports,...

HRADF Signs Concession Agreement with Hellenic Lotteries

The concession agreement for the exclusive right to operate the Hellenic Republic's State Lotteries for a period of 12 years was signed on July 30 between the Hellenic Republic Asset Development Fund (HRADF) and the Hellenic Lotteries SA. Hellenic Lotteries...

Captain Wei: We Will Turn Hellinikon into Dubai

“I will encourage Chinese businesses to invest in your country”- A Chinese fund is interested in the site of the old Athens airport in Hellinikon. The powerful man of COSCO, Captain Wei Jiafu, used the example of the artificial island-hotel...