Greece’s privatization agency, the Hellenic Republic Asset Development Fund (HRADF), on Thursday announced that it had received a binding offer by the MRP TAVROS S.A. for the development of the former warehouses at the EOMMEX property in the Athens-area district of Tavros.

A review of the binding offer, in order to verify that they are in line with the terms specified in the request for binding offers, will begin immediately, HRADF announced. Shortly after, the Fund’s board of directors will unseal the financial offer.

The area where the asset is located is in the municipality of Moschato-Tavros, in between the municipalities of Athens and Piraeus. It retains uses of “City functions–Town neighborhood facilities,” which result in a significant potential for development.

The property has one listed building, described as a contemporary monument with an area of 837 square meters, which after its restoration will be a landmark for the wider area and a reference point.

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