Hellenic Public Properties Co. on Thursday announced that it has received
Hellenic Public Properties Co. on Thursday announced that it has received seven expressions of interest (phase 1) for the long-term leasing of the “Akti Vouliagmeni” site in coastal southeast Athens, within the same-name municipality, considered by many as the “jewel” in the so-called Athenian Riviera.
The public sector real estate holding company is a full subsidiary of the Hellenic Corporation of Assets and Participations (HCAP), itself a memorandum obligation.
The business schemes and consortia that submitted expressions of interest are (in alphabetical order):
- AIR CANTEEN A.E.
- ATHENS BEACH CLUB S.A.
- MONTEKAVO REAL ESTATE S.A.
- THE MARGI S.A.
- Consortium: EVERGOOD S.A. Holding – Geusinous
- Consortium: REDS S.A.
- Fais Holdings S.A.
The 20-year + 10 (possible extension) concession includes the eponymous 72,700-square-meter private beach property in the Vari-Voula-Vouliagmeni municipality with an option to construct 2,000 square meters in additional buildings. A former restaurant operated at the site, while the beachfront is 638.5 meters in length.
The private beach in 2024 welcomed 420,000 visitors and can accommodate 8,000 people on a daily basis.
Source: tovima.com
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