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Tag: lamda development

Memorandum of cooperation between LAMDA, CGS and PRODEA Investments for the development of a school in Elliniko

Memorandum of cooperation between LAMDA, CGS and PRODEA Investments for the development of a school in Elliniko Memorandum of cooperation between LAMDA, CGS and PRODEA Investments for the development of a school in Elliniko

Lamda Development SA, through its subsidiary ELLINIKO MAE. (“LAMDA”), PRODEA Investments (“PRODEA”) and Costeas-Geitonas School (“CGS”) announce the conclusion of a Memorandum of Understanding (MoU) with the aim of establishing a modern primary and secondary education organization in Greek (“CGS Ellinikon “). This collaboration arose in the context of a competitive process conducted by LAMDA […]

Lamda Development: Issues a ‘green’ bond of up to 230 million euros

Lamda Development: Issues a ‘green’ bond of up to 230 million euros Lamda Development: Issues a ‘green’ bond of up to 230 million euros

The issuance of a “green” common bond loan, amounting to € 230,000,000, with a minimum amount of € 200,000,000, with a duration of seven (7) years, was decided by the board of directors of Lamda Development, at today’s meeting. The bonds of the Bond Loan (the “Bonds”) will be made available through a public offering […]

Lamda: Acquisition of a company jointly with Orilina Properties

Lamda: Acquisition of a company jointly with Orilina Properties Lamda: Acquisition of a company jointly with Orilina Properties

The special purpose company (SPV) LIMAR SA which owns plots of total area 72,121 sq.m. acquired by LAMDA DEVELOPMENT SA together with ORILINA PROPERTIES AEEAP. The plots are strategically located next to the Mediterranean Cosmos shopping center, in eastern Thessaloniki, as mentioned in the relevant announcement. LAMDA holds a 20% stake in SPV while ORILINA […]

Lamda Development: Within 2023, the construction of Marina Tower begins

Lamda Development: Within 2023, the construction of Marina Tower begins Lamda Development: Issues a ‘green’ bond of up to 230 million euros

By Eleni Botas The construction of the Marina Tower in Elliniko is expected to start in 2023, while as the group’s CEO Mr. Odysseas Athanassiou estimated during the start period of the main construction works, the prices may have balanced. However, according to the data so far, the burden so far for the construction of […]

Elliniko: A green and sustainable development

Elliniko: A green and sustainable development Elliniko: A green and sustainable development

An ambitious pioneering decontamination project, unique in Greece and one of the largest ever carried out in Europe, was launched by Lamda Development. The goal of this innovative project is to eliminate any possible source of pollution from the surface, soil and groundwater in the great work of Elliniko. The project of decontamination of the […]

How much will it cost and how will the Greek Hyde Park become

How much will it cost and how will the Greek Hyde Park become How much will it cost and how will the Greek Hyde Park become

By Eleni Botas Fourteen times bigger than the National Park, and even bigger than Hyde Park in London, The Ellinikon Park, which will be built in the area of ​​Elliniko by Lamda Development, will have a total area of ​​2 million square meters and a total budget of 250 million. euro. It is worth mentioning […]

The Ellinikon Park: The construction costs are borne exclusively by the investor

The Ellinikon Park: The construction costs are borne exclusively by the investor The Ellinikon Park: The construction costs are borne exclusively by the investor

The park of Elliniko will be built and will operate exclusively with the money of the investor without the Greek State, the neighboring Municipalities and the citizens to pay not a single euro. The studies are in progress and will be completed by the end of 2022, when the tender for the construction of the […]

Lamda agreement with Orilina for investment of € 70 million on the coastal front of Elliniko

Lamda agreement with Orilina for investment of € 70 million on the coastal front of Elliniko Lamda agreement with Orilina for investment of € 70 million on the coastal front of Elliniko

Lamda Development signed a Memorandum of Understanding with Orilina Properties, based on which an investment of 70 million euros will be examined from the second one with a total buildable area of ​​5,790 sq.m. on the coastal front of Elliniko. According to a relevant announcement, the agreement concerning the stadiums in the wider area of […]

Lamda Development: Infrastructure projects begin in Elliniko

Lamda Development: Infrastructure projects begin in Elliniko Lamda Development: Issues a ‘green’ bond of up to 230 million euros

of Eleni Botas The management of Lamda Development aims to start the infrastructure works in Elliniko in June as well as to strengthen the portfolio of Lamda Malls both by concentrating all the existing commercial units of the group under one umbrella and a possible acquisition of a large shopping center. As the CEO of […]

At Lamda Development 100% of its subsidiary, Lamda Malls

At Lamda Development 100% of its subsidiary, Lamda Malls At Lamda Development 100% of its subsidiary, Lamda Malls

Lamda Development is controlled by 100% of its subsidiary, Lamda Malls, which owns all the shares of LAMDA DOMI and PYLAIA, owners of the Golden Hall and Mediterranean Cosmos Malls respectively. The company acquired the 31.7% minority stake held by Wert Blue SarL until May 20, for a price of 109 million euros. In detail, […]