Lamda Development

Lamda Development, the company that has acquired the former Athens International Airport at the southern suburb of Elliniko, stated that the process was fully legal. The statement came just a few hours after Productive Reconstruction, Environment and Energy Minister Panagiotis Lafazanis'...

Elliniko was sold for a whopping three times less than its true value, according to a report published by the Technical Chamber of Greece (TEE) at a special open event. The value of the 6,200 acres of the former Athens...

The privatization and utilization project for former Athens airport Ellinikon is in danger of getting lost in the labyrinth of Greek bureaucracy after the decision of the State Audit Council to temporarily freeze the signing of the contract between the Hellenic...

John Calamos, the chairman and CEO of Calamos Investments, urged Greeks to make Greece the “Florida” of Europe. Calamos was one of the main speakers at a conference organized by The Economist magazine in Athens, Greece. “Greece has substantial advantages in...

Lamda Development, the company that bought the land of the old Athens airport, presented the plans for the architectural project in the coastal area of Ellinikon on Tuesday, June 24. The company’s CEO Odysseas Athanasiou stated that construction work...

Monday’s meeting of the HRADF Board unanimously declared Lamda Development SA the preferred investor for the acquisition of 100% of Hellinikon SA shares, after the positive feedback from the Council of Experts. This followed the submission of fairness opinions from...

Greece's gamble that the only bidder for the abandoned and neglected former Hellenikon Airport site on Athens' coast wouldn't walk away after the government insisted on a higher bid has paid off. The country's state privatization agency said that Lamda...

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...

The redevelopment project of the former Ellinikon airport by Lamda Development company is expected to create 35,000 new job openings by 2024. These figures are based on a study released on March 17 by the Foundation for Economic and Industrial Research...

Skyscrapers by the waterfront, sport centers and 200 hectares of green are part of the plan presented by the Greek company Lamda Development which was accepted by the HRADF (Hellenic Republic Assets Development Fund). Lamda Development used a two and...