Lamda Development, which owns the concession for the Ellinikon privatization and land development in coastal southeast Athens, on Wednesday announced an agreement with Orilina Properties allowing for investment by the latter along the project’s seafront, and specifically on the stretch next to the marina and the current Aghios Kosmas sports complex.
The tract of land identified allows for the building of 5,790 square meters of surface space, and lies between the site of the proposed high-rise Riviera Tower and the Riviera Galleria shopping mall.
Orilina is reportedly proposing high-end residences for the site and auxiliary facilities, along with a food court and entertainment complex.
A price tag for the proposed development exceeds 70 million euros, according to ATHEX-listed Lamda.
The Athens-based developer has dubbed the entire project as “The Ellinikon”, taking from the site’s name, Ellinikon, where the old Athens airport once operated.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Airbnb: Greece’s Short-Term Rentals Dip in March Amid Easter Shift
Data from analytics firm AirDNA shows that average occupancy for short-term rentals dropped to 45% in March, down from 49% the same month last year.
Easter Week in Greece: Holy Friday in Orthodoxy Today
At the Vespers service on Friday evening the image of Christ is removed from the Cross and wrapped in a white cloth
Meloni and Trump Meet in Washington, Vow to Strengthen Western Ties
“I am 100% sure there will be no problems reaching a deal on tariffs with the EU—none whatsoever,” Trump stressed.
ECB Cuts Interest Rates by 25 Basis Points in Expected Move
The ECB’s Governing Council opted to lower the deposit facility rate—the benchmark for signaling monetary policy direction—citing an updated assessment of inflation prospects, the dynamics of underlying inflation, and the strength of monetary policy transmission.
Current Account Deficit Fell by €573.2ml Feb. 2025: BoG
The improvement of Greece’s current account was mainly attributed to a more robust balance of goods and, to a lesser extent, an improved primary income account
Hellenic Food Authority Issues Food Safety Tips for Easter
Food safety tips on how to make sure your lamb has been properly inspected and your eggs stay fresh.
Greek Kiwifruit Exports Smash 200,000-Ton Mark, Setting New Record
According to data by the Association of Greek Fruit, Vegetable and Juice Exporters, Incofruit Hellas, between September 1, 2024, and April 17, 2025, kiwifruit exports increased by 14.2%.
Easter Tourism Boom: Greece Sees 18.3% Surge in Hotel Bookings
Among foreign markets, Israel has emerged as the biggest growth driver, with hotel bookings more than doubling—up 178.5% year-on-year.
Greece to Launch Fast-Track Tender for Offshore Hydrocarbon Exploration
Last week, Papastavrou signed the acceptance of interest for the two Cretan blocks, while similar decisions regarding the two Ionian Sea blocks were signed by his predecessor
American-Hellenic Chamber of Commerce to Open Washington D.C. Branch
AmCham's new office aims aims to deepen U.S.-Greece economic ties and promote investment and innovation between the two countries
![Πλημμύρες: Σημειώθηκαν σε επίπεδα ρεκόρ στην Ευρώπη το 2024 [γράφημα]](https://www.ot.gr/wp-content/uploads/2025/04/FLOOD_HUNGRY-90x90.jpg)
![Airbnb: Πτωτικά κινήθηκε η ζήτηση τον Μάρτιο – Τι δείχνουν τα στοιχεία [γράφημα]](https://www.ot.gr/wp-content/uploads/2024/07/airbnb-gba8e58468_1280-1-90x90.jpg)
![Airbnb: Πτωτικά κινήθηκε η ζήτηση τον Μάρτιο – Τι δείχνουν τα στοιχεία [γράφημα]](https://www.ot.gr/wp-content/uploads/2024/07/airbnb-gba8e58468_1280-1-600x500.jpg)
