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land Market News: Greek Real Estate Intelligence

HRADF announced seven new real estate e-auctions
Among the properties for sale are an office building in Athens, the former magistrates' courts of Ilia and Achaia and the Xenia Kythnos thermal spring. More specifically, the following 7 properties are now available on the e-auction platform:
  • Nea Iraklitsa, Kavala: Seaside adjacent land plots in Alanes area
  • Sabariza, Ermioni, Argolida: Three neighbouring seaside land plots
  • Kythnos Xenia Hotel and Thermal Springs, Kythnos island, Cyclades
  • City centre, Athens, Attica: Five storey office building
  • City centre, Athens, Attica: 3rd floor apartment in multi storey corner building
  • Andritsena, Ileia: Former Magistrate Court
  • Klitoria, Achaia: Former Magistrate court
  Also for sale through the e-auction platform of HRADF are the following:
  • Parnassos Ski Centre Operation of F&B at Fterolaka 1850 and Vakchos 2250
  • Xenia Komotini, Rodopi: Hotel at Irini Square
  • Parnassos Ski Centre Operation of F&B at Kelaria 1750 and Kelaria 1950
The deadline for submission of the required documents and documents of the First Phase of the Tender is set for March 18, 2021. The interested parties can refer to the website www.e-publicrealestate.gr and the HRDH website for more information on the e-Auction process and information on real estate. Original Source: Euro2day.gr Adaptation/Summary: Kiki Athanasiadis  
 
BriQ Properties purchased two plots in Aspropyrgos, Attica
BriQ Properties SA announced that on June 2, 2020, it proceeded with the purchase of two adjacent plots with a total area of ​​57,529 sqm located in Aspropyrgos, Attica. The total price for the purchase of the two plots amounted to €3,456,000. The company will develop a modern storage and distribution centre in the specific area. The investment was financed by the funds of the increase of the Company's share capital. Original Source: Euro2day Adaptation/Summary: Kiki Athanasiadis
 
Public Properties Company reached an agreement with FULGOR SA
The Greek Public Properties Company (ETAD SA) announced the signing of the contract with FULGOR SA Hellenic Cable Industry for the sale of a property at Loutraki, in Corinthia. The property borders the existing operating industrial unit of FULGOR SA, which aims to expand the production, sales, and to increase employment in the region. FURGOR announced a recruitment program after the acquisition of the property. Despite the difficulties caused by the pandemic crisis, ETAD SA has completed all necessary procedures for the mutually beneficial agreement. FULGOR had initially expressed interest in the property since 2012. The first discussions did not end well and the interest was renewed in 2018 but again there was no response from the Greek State. The new management of ETAD SA completed the procedures and reached an agreement within a short time. Original Source: Capital Adaptation/Summary: Kiki Athanasiadis