Offers Submitted for development of seaside property in Nea Herakleia

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

The Hellenic Republic Asset Development Fund (HRADF) has received 4 binding offers for the development of the property in Nea Herakleia, Halkidiki, Greece.

Offers are submitted by the following investment parties:

  • AJS SEAS S.A.
  • KENTEPOZIDIS BROS AND CO.
  • Leonidas Kentepozidis.
  • Light Blue Luxury Rooms Single Member P.C.

The assessment of the bids to determine whether they meet the tender criteria will commence immediately, while the financial proposals will be revealed during a later meeting of the Fund's Board of Directors. Nexus Law has been appointed as the legal advisor, and MTC Group as the technical advisor, by HRADF for the property development tender process.

List of the country updates

Country updates

  • May 03, 2023

    Inspection of steel structures at Olympic Athletic Centre of Athens (OACA) complex in Greece

    The Hellenic Republic Asset Development Fund (HRADF) has announced that the inspection of the steel structures at the Olympic Athletic Centre of Athens (OACA) complex is in progress. Specialized tech...

    Read more
  • May 02, 2023

    Inspection of steel structures at Olympic Athletic Centre of Athens (OACA) complex in Greece

    The Hellenic Republic Asset Development Fund (HRADF) has announced that the inspection of the steel structures at the Olympic Athletic Centre of Athens (OACA) complex is in progress. Specialized tech...

    Read more
  • April 28, 2023

    HRADF to receive two offers for the development of Heraklion Port Authority

    The Hellenic Republic Asset Development Fund (HRADF) has announced that it received 2 offers for the acquisition of a majority stake of at least 67% of the share capital of the company Heraklion...

    Read more
  • April 27, 2023

    Second round of tender for Argostoli Marina Concession in Kefalonia

    The Board of Directors of the Hellenic Republic Asset Development Fund (HRADF) has proceeded to the pre-selection of the interested investment parties that meet the criteria to participate in the seco...

    Read more
  • April 27, 2023

    Contract awarded for property development project in Andritsaina

    The Board of Directors of Hellenic Republic Asset Development Fund S.A. (HRADF) has declared that Estia Real Estate Development Company PC is the highest bidder in the tender for the development...

    Read more

Share this update