In the Ellactor group, Gournes of Heraklion – Reds won

By Eleni Botas

The subsidiary of the Ellactor group, Reds, passes the concession contract for the area of ​​345 acres inside the former American Gournes Base in Heraklion, Crete, also known as “Little Greek”.

Today the Group’s subsidiary, Reds together with Dimand submitted improved financial bids through the electronic auction process (e-Auction).

Reds emerged as the highest bidder with a price of 40.2 million euros.

Reds is one of the largest real estate development companies in our country. It operates in Greece and Romania with a portfolio consisting of award-winning works of international distinction. Its investment interest is focused on the development of commercial parks, shopping and entertainment centers, organized residential complexes, exhibition centers, as well as office buildings and mixed uses.

With the emergence of the contractor for the development of the area, the way is opened for the individual investment of the casino, which is part of the whole development plan, but is promoted with a separate process.

In particular, the license of the casino in Gournes will follow the model of Elliniko. This means that first the investor who will utilize the area will be selected and then the casino license will be granted.

Those interested in the casino license in Gournes, Heraklion, will have to negotiate with both the State and the concessionaire of the area.

The coastal area under development with a total 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 adjacent areas of the property.

The plan promoted envisages a number of developments, including hotels (4 and 5 star), hostels, conference-exhibition center, holiday homes, shopping malls, marina, helipad and other uses.

The property is in contact (front 320 m.) With the old National Road Heraklion-Agios Nikolaos and has direct and easy access to the North Road of Crete.

Its distance from the port and the city of Heraklion is 16 km, 13 km from Heraklion International Airport “N. Kazantzakis” and 20 km from the New International Airport which is planned to be developed in the settlement of Kastelli in the next five years.

The announcement of HRDH states in detail:

REDS SA emerged as the highest bidder for the utilization of part of the former American base in Gournes, Heraklion, Crete, through the electronic auction process (e-Auction) carried out by the HRDH, a member company of the Superfund (EESYP).

The e-Auction took place today and created a competitive bidding and transparency environment, with improved offer of REDS A..Ε. to be set at 40.2 million euros (Net Present Value).

The Board of Directors of HRDH is expected to convene soon to ratify the result of the e-Auction.

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. ”