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3 years ago
Greece receives one binding bid for Hellenikon property sale-source
February 27, 2014 / 5:20 PM / 3 years ago

Greece receives one binding bid for Hellenikon property sale-source

ATHENS, Feb 27 (Reuters) - Greece's Lamda Development said on Thursday it has submitted a binding bid for a key privatisation deal to develop the former Athens airport of Hellenikon.

A senior official at the country's privatisation agency HRADF told Reuters separately on Thursday that only one bid was submitted.

Lamda Development's bid is backed by China's Fosun Group and a real estate company from Abu Dhabi, the company said. (Reporting by Angeliki Koutantou)

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