Greece

The Hellenic Republic Asset Development Fund (HRADF) has announced the resignation of Andreas Taprantzis from his position as Executive Director of the Fund's Board of Directors. The resignation is effective as of November 1, 2014. Andreas Tapantzis has been a...

The Athens International Airport El. Venizelos was granted a twenty-year extension to its concession agreement with the Hellenic Republic Asset Development Fund worth a total of €1.115 billion ($1.301 billion). The concession currently expiring in 2026, will run to 2046 following...

Although delayed for a few days, the announcement concerning the privatization of the Thessaloniki port came late on Thursday, by the country's liquidation fund. The Hellenic Republic Asset Development Fund has announced the sale of its 67% stake in Thessaloniki...

The sale of the landmark Modiano indoor market was announced by Greece's privatization fund Hellenic Republic Asset Development Fund (HRADF) on Tuesday. “HRADF expects another significant investment with today's signature. Restoring and highlighting the building are major challenges for the...

All six consultants of the Hellenic Republic Asset Development Fund (HRADF) that were summoned before an Athens magistrate to answer to charges of corruption were released after their testimony on Friday. The six experts, among them three foreigners, had been...

The Hellenic Republic Asset Development Fund (HRADF), the body responsible for selling Greek public property, is attempting to reach potential buyers by advertising three properties located abroad in The Economist, Greek media reported. One of the properties advertised is a five-storey building in...

Greece’s privatization agency announced on Sunday it signed a 400 million euro deal with Jermyn Street Real Estate Fund to sell luxury resort Astir Palace. The Hellenic Council of State, Greece's Supreme Administrative Court, had blocked the sale of the...

The Greek government and the quartet of the country’s creditors on Friday agreed on the terms of setting up a new privatization fund which will replace the existing Hellenic Republic Asset Development Fund (HRADF), thus concluding a part of...

In order to secure a bailout deal with international creditors, Greek Prime Minister Alexis Tsipras had agreed to establish a fund that would monetize 50 billion euros of Greek public assets through privatizations and other means. The fund's headquarters will...

Numerous articles have been published since Greek Prime Minister Alexis Tsipras reached an agreement with creditors, on how the country will be able to pay back its bailout. TIME magazine and the Business Insider explored Greece's options in regards to the country's islands,...

German Finance Minister Wolfgang Schaeuble proposed on Saturday that 50 billion euros of Greek public assets be transferred to an external fund and privatized over time. The fund he used as a suggestion, the Institution for Growth in Greece, is owned by...

Lamda Development, the company that has acquired the former Athens International Airport at the southern suburb of Elliniko, stated that the process was fully legal. The statement came just a few hours after Productive Reconstruction, Environment and Energy Minister Panagiotis Lafazanis'...

The privatization and utilization project for former Athens airport Ellinikon is in danger of getting lost in the labyrinth of Greek bureaucracy after the decision of the State Audit Council to temporarily freeze the signing of the contract between the Hellenic...

Greek authorities on Tuesday said an international tender for the sale of two real estate properties in Afantou, Rhodes, was successful. Hellenic Republic Asset Development Fund (HRADF) said two binding bids were submitted for the golf course in Northern...

Skyscrapers by the waterfront, sport centers and 200 hectares of green are part of the plan presented by the Greek company Lamda Development which was accepted by the HRADF (Hellenic Republic Assets Development Fund). Lamda Development used a two and...