HRD requests for improved offers from Dimand and Reds for Gournes of Heraklion

The Board of Directors of the Public Private Property Utilization Fund (HRDF) during its meeting today decided to nominate three eligible investors for the development of part of the former US base in Gournes, Heraklion, Crete.

The eligible investors, who meet the criteria of the HRDH competition are the following (in alphabetical order):

1. DIMAND SA

2. REDS SA

3. VIVION INVESTMENTS S.à rl

Subsequently, the Board of Directors of the Fund proceeded to the unsealing of the three financial bids and decided to request the submission of improved financial bids, through the electronic auction procedure (e-Auction).

The submission of improved financial bids through the e-Auction enhances the transparency of the bidding process, while at the same time creating a competitive bidding environment for the benefit of the final revenue for the Greek State. The implementation of the e-auction is a process which since 2013 is used in real estate tenders, while it was used in the tender for the concession of Alimos marina, yielding significantly increased prices.

According to the terms of the tender, the Fund invites the investment schemes (in alphabetical order):

1. DIMAND SA

2. REDS SA

to submit improved financial bids, participating in an e-auction) to be held on Monday, December 6, 2021.

The property in Gournes, Heraklion, Crete is a coastal area of ​​345,567 sq.m., which is located 13 km from the airport “Nikos Kazantzakis” and 16 km from the city of Heraklion. In the last 20 years, the Hellenic Center for Marine Research, the Aquarium “Thalassokosmos”, the International Exhibition and Conference Center of Crete, etc. have been developed in areas adjacent to the property.