Tourism Investments & Real Estate

Plans to revamp Panepistimiou Ave as well as the property along the Faliro coast will continue as scheduled, Infrastructure minister Michalis Chrysochoidis said recently.

Greek state privatization fund TAIPED has selected the Fraport AG-Slentel consortium as its preferred bidder in the tender procedure for the right to manage and operate 14 Greek regional airports.

An eight-billion-euro project to develop Hellenikon, Athens’ former airport complex, into a metropolitan park seems to have hit a wall, according to Greek media reports, with the Attica Prefecture appealing the Greek state privatization fund TAIPED decision to ink a deal with holding company Lamda Development.

The binding offers for the right to manage and operate 14 Greek regional airports will be opened next week.

In its latest inventive approach, Enterprise Greece is drawing in prospective Chinese property buyers by offering to issue residence permits to those investing over 250,000 euros, in efforts to boost the flailing real estate market and attract foreign investment.

Athens is geared up for two years of high growth as it presents a great opportunity for investment in nearly every hotel category, according to HVS, a leading consulting and services organization focused on the hotel industry.

An 8-billion-euro project to develop Hellenikon, Athens’ former airport complex, into a metropolitan park has moved to the next phase after getting approval from the overseeing auditors, Lamda Development said on Tuesday.

Greek Tourism Minister Olga Kefalogianni invited the Swedish business world to explore the investment possibilities offered by the tourism sector in Greece. You, the business world, are invited to take advantage of the opportunities that exist for everyone’s benefit: entrepreneurship, the Greek economy and society,” she said.

Three consortia have submitted binding offers to Greek state privatization fund TAIPED for the right to manage and operate 14 Greek regional airports.

The Greek state privatization fund TAIPED has launched an international tender for the development and management of the Peace and Friendship Stadium (SEF) and the Faliro tourist port (Athens Marina).