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Greece Starts Work at Hellinikon on the Athens Riviera

Property developer Lamda Development paid a first €300m instalment on its lease to begin transformation of Elliniko, Athens' old airport.

Elliniko Project to Start as Lamda Set to Pay First Installment

Lamda Development, the firm that is responsible for redeveloping the old Ellinikon Airport, will pay its first down payment next week.

Hellinikon Casino to Be Completed in 36 Months Says Mohegan

Construction of the casino at Hellinikon will be completed in 36 months, said CEO of Mohegan Gaming and Entertainment (MGE) Ray Pineault

Hellinikon Development Spurs Athens Riviera Real Estate Investment

The redevelopment of Athens' former airport, Hellinikon, has resulted in a great deal of interest in real estate along the Athens Riviera.

Greek Real Estate Market Set to Rebound in Post-pandemic Greece

Ana Vukovic, from Collier’s Greece and Serbia, spoke about the challenges of the post-pandemic world for Greek real estate.

Greek Parliament Ratifies Contract for Hellinikon Project

The Greek Parliament ratified a contract transferring partial ownership of the Hellinikon former airport site to Greek developer Lamda.

Major Foreign Investments Expected to Help Greece Rebound from Covid-19 Crisis

While economies across the world have all been hit hard by the coronavirus pandemic, new foreign investments in Greece are expected to help the country bounce back, promising much-needed growth in 2021. The Greek economy is estimated to shrink by...

Officials Say Mohegan Casino Project Could be Ready in Three Years

The CEO of Mohegan Entertainment, Mario Kontomerkos, announced on Wednesday that the gigantic casino development in Hellinikon would be ready within 36 months after building licenses are issued, while reassuring the public that his company is ready to take...

Mohegan Gets the Green Light for the Casino Construction in Athens

The Hellenic Gaming Commission accepted the financial proposal of Mohegan Gaming & Entertainment (MGE)-GEK TERNA as provisional winner in the bidding process for the concession of a casino license in the Hellinikon project. "Everything proceeded as planned and with an...

Athens Area Poised to Get First Skyscrapers at Hellinikon

After breaking ground Friday, signaling the beginning of work for the Hellinikon Project - the largest development and investment project in Greek history - the construction of the very first skyscrapers in Athens is set to begin. The project, on the...