Saturday, May 18, 2024

      Subscribe Now!

 

spot_img
spot_img
GreeceHRADF, REDS SA sign contract for Gournes property in Crete

HRADF, REDS SA sign contract for Gournes property in Crete

Hellenic News of America
Hellenic News of Americahttps://www.hellenicnews.com
The copyrights for these articles are owned by HNA. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of HNA and its representatives.

Latest articles

Hellenic Republic Asset Development Fund (HRADF) on Wednesday signed the official contract for the sale of the former US base in Gournes, Heraclion Crete, with REDS SA.

The company was the highest bidder in an e-auction with an improved offer of 42,237,679 euros, up 77.8% from the starting price of 22.6 million euros.

The property in Gournes is a seaside area of 345,567 sqm located 13 km from the airport and 16 km from the city of Heraclion. Under the terms of the contract, REDS is expected to implement investments such a luxury hotel, a house complex, a shopping mall and a casino, worth more than 210 million euros.

The signing ceremony was attended by Finance Minister Christos Staikouras and Development and Investments Minister Adonis Georgiadis.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

Get Access Now!

spot_img
spot_img