Hellinikon

A presentation by Lamda Development on Tuesday revealed entertainment facilities at Hellinikon, the new development on the Athens Riviera. 

Foreign investors will not lose time and money investing in Greece, Minister for Development, Adonis Georgiadis told Greek Reporter.

The Marina Tower currently under construction at Hellinikon, a suburb of Athens, is going to be the tallest building in Greece when it is completed. 

Property developer Lamda Development paid a first €300m instalment on its lease to begin transformation of Elliniko, Athens' old airport.

Lamda Development, the firm that is responsible for redeveloping the old Ellinikon Airport, will pay its first down payment next week.

Construction of the casino at Hellinikon will be completed in 36 months, said CEO of Mohegan Gaming and Entertainment (MGE) Ray Pineault

The redevelopment of Athens' former airport, Hellinikon, has resulted in a great deal of interest in real estate along the Athens Riviera.

Ana Vukovic, from Collier’s Greece and Serbia, spoke about the challenges of the post-pandemic world for Greek real estate.

The Greek Parliament ratified a contract transferring partial ownership of the Hellinikon former airport site to Greek developer Lamda.

While economies across the world have all been hit hard by the coronavirus pandemic, new foreign investments in Greece are expected to help the country bounce back, promising much-needed growth in 2021. The Greek economy is estimated to shrink by...