Work at The Ellinikon, Athens’ flagship coastal redevelopment, has entered a new
Work at The Ellinikon, Athens’ flagship coastal redevelopment, has entered a new phase of momentum, with construction progressing faster than at any point since the project began. According to well-placed sources, earlier delays have now been resolved, and several elements of the development are moving into their final stretch.
The shift in pace was underscored by Lamda Development CEO Odisseas Athanasiou during a presentation at the Athens Stock Exchange, marking the launch of the company’s new €500 million bond. His message was clear: what has long been promised is now materializing.
The shift in pace was highlighted by Lamda Development CEO Odisseas Athanasiou during the public offering and listing of the company’s €500 million retail bond on the Athens Exchange. Athanasiou stated that in 12 months people will be exercising in the new public spaces, in 18 months they will be shopping there, and in two years, the first residents will move into their homes along the redeveloped coastline.
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