Arab Today, arab today greece concludes longawaited exairport lease
Last Updated : GMT 21:09:51
Arab Today, arab today
Arab Today, arab today

Greece concludes long-awaited ex-airport lease

Arab Today, arab today

Arab Today, arab today Greece concludes long-awaited ex-airport lease

Athens - AFP

Greece on Monday said it had leased a former Athens airport in a deal worth 915 million euros ($1.3 billion) -- a key goal in the cash-strapped nation's efforts to offload state-owned assets. The government's privatisation agency said it had accepted an offer from Greek-led consortium Lamda Development to take full control of the former airport site of Hellinikon near the capital. The length of the lease has yet to be confirmed. Hellinikon, turned into a sports complex for the 2004 Athens Olympics, is considered one of the most attractive properties in the government's portfolio. Situated eight kilometres (five miles) south of Athens, Hellinikon and an adjoining 337-berth marina span nearly 620 hectares (1,530 acres) and include a waterfront of about 3.5 kilometres. The entire site is three times bigger than Monaco, and more than twice the size of Hyde Park in London. It has been on sale since December 2011, and Lamda, which made its final offer on March 26, was the only remaining bidder in the process. "The board of directors...unanimously declared Lamda Development SA as the preferred investor for the acquisition of 100 percent of the shares of Hellinikon SA, during its session today," the agency said. Greece had originally pledged to raise 50 billion euros by selling or leasing state assets by 2015, a commitment made to the European Union and the International Monetary Fund in return for bailout funds. This was later scaled down to 19 billion, and subsequently to 9.5 billion euros by 2016.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greece concludes longawaited exairport lease Arab Today, arab today greece concludes longawaited exairport lease

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today greece concludes longawaited exairport lease Arab Today, arab today greece concludes longawaited exairport lease

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday