TAIPED announces signing of agreement for “Astir Palace”
The privatization fund TAIPED announced that an agreement was signed with Jermyn Street Real Estate Fund IV LP for the sale of the “Astir Palace Vouliagmeni SA” on the 31stof December 2015.
According to the statement issued, the investment fund “has signed the new agreement to submit the amended Special Zoning and Spatial Plan (ESHADA) for the development of the Astir Palace Vouliagmeni SA”.
The agreement ensures that the Plan is adjusted to the Council of the State’s opinion and has the same price of 400 million euros. The whole process is expected to be completed within the first half of 2016.
You may be interested
The one easy tip for a cheap Greek holidayPanos - Sep 25, 2018
Travelling to Greece during the peak summer months can feel both like a dream and a nightmare. The islands are…
Travel to Greece: Where to go in Argolis, PeloponnesePanos - Sep 25, 2018
Located at just under a 2-hour drive from Athens, the Argolis peninsula in the Peloponnese region offers many different historical…
Greek PM Alexis Tsipras addresses Mandela UN Peace SummitPanos - Sep 25, 2018
Nelson Mandela’s democratic vision and leadership are more needed than ever as the world faces existential challenges, Prime Minister Alexis…