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On June 25th, 2021, the financial closing of the Hellinikon Project tooκ place between HRADF (seller) and HELLINIKON GLOBAL I S.A. (buyer), a subsidiary of Lamda Development, marking the beginning of the development of the former Hellinikon airport area and the coastal zone of Agios Kosmas and spearheading one of the largest urban revitalisation projects in Europe. As a result, HRADF received the amount of €300 million as the first installment of the total financial consideration that amounts to €915 million and, in addition, received the Deferred Payment Bond of a maximum amount up to €347,191,349.
The property has access to Attiki Odos (the Athens ring highway) located approx. 1km to the highway's North; its location offers access to the Olympic Complex to the Northwest, including the Olympic Stadium (house of prominent football teams such as Panathinaikos F.C. & A.E.K. F.C.). Buildings have been erected in a plot of c. 64,000 sq.m., which forms part of the wider area of the
The Olympic Equestrian Centre in Markopoulo, Attica, is a property of significant size, where an integrated complex of open and closed facilities and infrastructures have been developed, and where the equestrian sports of the 2004 Olympic Games were hosted.
HRADF is launching the sale of a percentage of 43,64% of the divided co-ownership of Modiano Market, located in the Historical Center of Thessaloniki. The Central Food Market of Thessaloniki, known as Modiano Arcade or Modiano Market was built in 1925 in the commercial center of the city, between the streets of Vasileos Herakliou and Ermou. Modiano constitutes the biggest surviving covered market of